Gold hits seven-week low as oil surge fuels rate hike bets
Why now
Thesis: Oil-fueled hike bets drag gold lower
Catalyst to watch: Oil prices and Fed rate expectations
Main risk: Gold could rebound on safe-haven flows
Why it matters
Oil-driven inflation lifts rate-hike bets, raising real yields and pressuring gold to a seven-week low.
Sources
- googlenews · news.google.com · 2026-09-28 01:41 UTC