Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Gold Slips as Fed Hike Bets Linger Ahead of US Inflation Data

Summary by Kitco NEWS
Oct 29 (Reuters) - Gold prices slid on Thursday as sticky inflation fueled ‌bets of a potential interest rate hike by the US Federal reserve later this year, while investors awaited a US inflation report for insight into the central bank's ​next policy moves.Spot gold slid 0.8% to $4,035.28 per ounce by 1121 GMT. US ​gold futures for December delivery fell 0.1% to $4,047.10 per ounce. Bullion ⁠is on track for its second straight monthly decline.…

4 Articles

ReutersReuters
Reposted by
Kitco NEWSKitco NEWS
Center

Gold slides as higher US inflation reinforces Fed tightening bets

·London, United Kingdom
Read Full Article
FXStreetFXStreet

Gold weakens ahead of US PCE inflation amid hawkish Fed outlook

Read Full Article
insider.grinsider.gr

Gold Falls 1% on Fears of Fed Rate Hike Due to Inflation

Silver lost 2.7% to $52.51 an ounce, platinum slipped 3.5% to $1,479.20, while palladium lost 0.7% to $1,004.11.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Kitco NEWS broke the news on Thursday, October 29, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

Inflation icon

Inflation

Silver icon

Silver

Gold icon

Gold

Interest Rates icon

Interest Rates

Central Bank icon

Central Bank

United States icon

United States

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal