Gold drops more than 2% on US rate-hike bets
Why now
Thesis: Hawkish rate repricing drives gold lower
Catalyst to watch: Fed commentary and CPI print
Main risk: Further hikes deepen gold losses
Why it matters
US rate-hike bets lift real yields, raising gold's opportunity cost and triggering a sharp selloff.
Related assets & topics
GoldInterest RatesSources
- googlenews · news.google.com · 2026-09-28 04:22 UTC