Monday, 28 September 2026Updated 15m ago
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Gold drops more than 2% on US rate-hike bets

1 source · first seen 12:18 28 Sept · updated 12:18 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Spot gold fell 2.7% to $4,171.85 per ounce, its lowest since early August
  • US gold futures fell 2.7% to $4,204.30
  • Lower gold prices may pressure gold-loan lenders, including Muthoot Finance and Manappuram Finance

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Linked by the tag US inflation

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Read the reports

1 report · earliest 12:18
Business LineGold drops more than 2% on US rate-hike bets12:18