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Gold Drops Below $4,000 as Fed Rate Hike Bets Surge

Gold Drops Below $4,000 as Fed Rate Hike Bets Surge
Bloomberg Markets Monday 13 July 2026, 20:10 UTC 1 min read
Key Points

Jul 13th, 2026 Gold Drops Below $4,000 as Fed Rate Hike Bets Surge In this Metals Spotlight segment, Bloomberg's Metals Reporter Jack Ryan talks about how oil prices and a renewed US blockade of the Strait of Hormuz are impacting gold and silver prices. Bullion slid below $4,000 an ounce during trading on Monday as Fed Governor Christopher Waller said policymakers may need to raise rates in the near term. Ryan reports on "Bloomberg Open Interest."

Jul 13th, 2026 Gold Drops Below $4,000 as Fed Rate Hike Bets Surge In this Metals Spotlight segment, Bloomberg's Metals Reporter Jack Ryan talks about how oil prices and a renewed US blockade of the Strait of Hormuz are impacting gold and silver prices. Bullion slid below $4,000 an ounce during trading on Monday as Fed Governor Christopher Waller said policymakers may need to raise rates in the near term. Ryan reports on "Bloomberg Open Interest." [Image text:] GOLDVS.SILVER One Year GOLD SILVER 205.99% Sep Nov 2025 Jan Mar May 2026 0.00% Metals Spotlight GOLD,SILVERFALLASMIDEAST TENSIONSLIFT OIL
Fed Rate Hike Bets Surge (ORG) Bloomberg's Metals (ORG) Jack Ryan (PERSON) US (LOCATION) the Strait of Hormuz (LOCATION) Fed (ORG) Christopher Waller (PERSON) Ryan (PERSON)
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