Gold price erases 2026 gains as Fed hike bets climb to 70%, silver slides
Creator: Frik Els |
Date: 2026-09-01 17:25:00
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Gold fell for a 3rd straight session on Tuesday, sliding to a two-week low as a world bond selloff drove yields to their highest since 2008 and merchants raised the percentages of a Federal Reserve charge enhance this month to virtually 70%.
Comex gold for December supply dropped as a lot as 2.4% to $4,374.10 an oz. in New York, its weakest stage since August 19, and was buying and selling at $4,398.90 by late morning, down 1.8% on the day. Spot gold was 1.7% decrease at…
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