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Business & Finance

Gold Holds Two-Day Gain on Reduced Rate-Hike Expectations

Bloomberg Markets Monday 17 August 2026, 23:20 UTC By Yihui Xie 1 min read
Key Points

Gold held a two-day gain as reduced expectations for an interest-rate hike by the Federal Reserve weighed on the US dollar, making bullion cheaper for most buyers.

Gold held a two-day gain as reduced expectations for an interest-rate hike by the Federal Reserve weighed on the US dollar, making bullion cheaper for most buyers.
Gold Holds (ORG) the Federal Reserve (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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