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Gold Declines as Hormuz Impasse Keeps Rate Hike Bets Elevated

Spot gold fell 0.5% in Singapore as traders priced in a 65% chance of an October rate hike, Reuters said.

Summary by Business Times
Investors see about a 65% probability of a hike in October Read more at The Business Times.

4 Articles

Business TimesBusiness Times
Lean Right

Gold declines as Hormuz impasse keeps rate hike bets elevated

Investors see about a 65% probability of a hike in October Read more at The Business Times.

·Singapore, Singapore
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news-pravda.comnews-pravda.com
Right

Gold fell below $4.2 thousand

Gold fell below $4.2 thousand per ounce for the first time since August 5.Pressure on the precious metal is exerted by the tightening of the position of the US Federal Reserve — signals of a rate hike. Gold has now lost more than 20%...

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Live MintLive Mint
Center

Gold Tilts Lower as Iran Impasse Continues to Fan Rate-Hike Bets

Gold was set to end to the week lower as elevated energy prices drove bond yields higher and fueled expectations the Federal Reserve will need to raise interest rates further to contain inflation.

·New Delhi, India
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vietnamplus.vnvietnamplus.vn

Gold Prices Fell More than 2% This Week, Pressured by Tensions over the Hormuz Crisis.

World gold prices fell 0.5% in the morning session of September 28, to $4,261.59 per ounce, after losing more than 2% of their value over the past week amid the standoff in the Strait of Hormuz pushing energy prices higher. Gold prices hit a one-week low due to expectations of further interest rate increases. Gold prices fell ahead of the possibility of the Fed tightening policy. Domestic gold prices reversed course and fell by 600,000 VND in li…

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Live Mint broke the news in New Delhi, India on Monday, September 28, 2026.
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