Gold holds losses as oil disruption fuels Fed rate hike bets
Gold traded around $4,290 an ounce after falling to a five-week low, as Middle East oil disruptions reinforced expectations of a Federal Reserve rate hike this week.
Gold Market
Tagged: gold
Gold pulls back from breakout as sticky inflation and bond yields weigh
Gold approached a breakout last week but lost momentum, settling back above $4,200. Sticky inflation, rising bond yields, and a Fed rate hike expectation counterbalanced geopolitical oil supply risks.
Gold’s weekly long trend under pressure after three down weeks
Gold’s weekly parabolic long trend, confirmed in mid-August, is showing signs of fatigue after three consecutive down weeks. The FOMC meeting and inflation data may decide its fate.
Gold stabilises after sharp drop as traders await US inflation data
Gold stabilised on Friday after a sharp 2% drop, with traders eyeing US inflation data for clues on the Fed's next move. Key technical support at $4319 is being tested.
Gold rebounds above 1% as US inflation data fuels rate hike bets
Gold prices rose more than 1% on Friday, recovering from recent lows. Strong US inflation data boosted expectations of a Federal Reserve rate hike next week. Indian demand stayed weak while Chinese buying held up.
Why copper and energy now matter as much as gold for portfolios
Gold remains the traditional hedge, but copper and energy markets are gaining structural relevance as demand from electric vehicles, AI, and India's energy needs reshape commodity investment.
Gold near-term selling may only delay next leg higher, TD says
TD Securities says gold is outperforming other precious metals despite rising energy prices and Fed hike expectations. Near-term CTA selling is possible below key levels, but longer-term support remains robust.
Eldorado Gold produces first copper-gold concentrate at Skouries
Eldorado Gold has produced the first copper-gold concentrate at its Skouries project in Greece, with commercial production targeted for the fourth quarter of 2026.
Gold holds firm as US inflation data takes centre stage
TD Securities says gold has held firm despite higher Fed rate hike odds. The next big test is US inflation data, with structural demand still underpinning the metal.