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Mounting rate hike bets keep weekly loss in sight for gold
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- Sep 26, 2026, 12:03 AM UTC
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Sept 25 (Reuters) - Gold prices edged lower on Friday and were headed for a weekly loss, as concerns about sticky inflation, hawkish signals from Federal Reserve policymakers, and higher US Treasury yields dented bullion's appeal.Spot gold was down 0.1% at $4,274.94 per ounce by 11:45 a.m. ET (1545 GMT). Prices…
By Anjana AnilGold prices edged lower on Friday and were headed for a weekly loss, as concerns about sticky inflation, hawkish signals from Federal Reserve policymakers, and higher US Treasury yields dented bullion's appeal.Spot gold TVC:GOLD was down 0.1% at $4,274.94 per ounce by 11:45 a.m. ET (1…
Gold prices rose slightly on Friday but are set for a weekly decline of 2.1 percent. Factors such as inflation worries and rising US Treasury yields have negatively impacted the allure of gold as a safe haven for investors. The Federal Reserve