Gold dips to $4,013 on rate hike bets
Gold prices edged lower on Friday and are on course for their sharpest weekly decline in more than four months, as high oil prices strengthened expectations that the Federal Reserve will keep interest rates elevated for longer, with investors awaitin
October 23, 2026 (MLN): Gold prices edged lower on Friday and are on course for their sharpest weekly decline in more than four months, as high oil prices strengthened expectations that the Federal Reserve will keep interest rates elevated for longer, with investors awaiting next week’s Fed policy meeting. Currently, spot gold is down 2.9% to $4,013.46 an ounce as of [11:38 am] PST, according to data reported by Met...