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Market move● Neutral for Indian equities
Mounting rate hike bets keep weekly loss in sight for gold
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- Morning Bid: A new neutral rate, much like a decades-old one
- Gold, Silver rate today live updates: Gold drops more than 2% as oil surge boosts US rate hike bets
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- Xi-Trump Meet: Is the US paying too high a price for “stability”?
Gold pressured by rate-hike expectations
Gold fell to a one-week low as higher oil prices, hawkish Federal Reserve signals and rising yields supported rate-hike bets. It traded below $4,300, with a weekly loss in sight.
Friday, 25 September
- Mounting rate hike bets keep weekly loss in sight for gold