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Gold Steadies as Easing US Bond Yields Reduce Rate-Hike Bets

Bloomberg Markets Friday 02 October 2026, 00:14 UTC By Wendy Wells 1 min read
Key Points

Gold held a modest gain as US bond yields softened and Federal Reserve officials signaled they needed more time to weigh their next move on interest rates, even as a possible escalation in the Middle East kept energy costs elevated.

Gold held a modest gain as US bond yields softened and Federal Reserve officials signaled they needed more time to weigh their next move on interest rates, even as a possible escalation in the Middle East kept energy costs elevated.
US (LOCATION) Federal Reserve (ORG) the Middle East (LOCATION)
Originally published by Bloomberg Markets Read original →

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