Developing story4 updates over 3 days4 publishersupdated 3d ago

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.

Timeline

Friday, 25 September

21:24
Mounting rate hike bets keep weekly loss in sight for gold
13:28
Gold extends range below $4,300 as Fed hawks and yields cap upside
05:55
Gold Tilts Lower as Iran Impasse Continues to Fan Rate-Hike Bets

Thursday, 24 September

07:53
Gold at one week-low as higher oil, hawkish Fed weigh