Silver Falls 6%, Gold Also Dips Amid Rate Hike Expectations, Rising Oil Prices

Gold holds drop as rising oil, inflation bolster US rate-hike bets

Precious metal faces growing pressure from higher energy prices as fighting escalates in the Middle East Read more at The Business Times.

Gold Falls as Traders Raise Fed Hike Bets After US Price Report

Gold fell as the latest US inflation report and surging crude prices reinforced bets that the Federal Reserve will raise interest rates this month.

Silver Falls 6%, Gold Also Dips Amid Rate Hike Expectations, Rising Oil Prices

Gold and silver both fell Thursday morning as oil prices hit their highest levels in months.

Gold Holds Drop as Rising Oil, Inflation Bolster Rate-Hike Bets

Gold was on track for a third weekly decline, as surging oil prices and the latest US inflation report bolstered the case for the Federal Reserve to hike interest rates next week.

Gold prices subdued as oil, inflation bolster Fed rate hike bets

Rising oil and inflation heighten Fed rate hike expectations, potentially suppressing gold prices and impacting investment strategies.