Gold Prices Today: Gold (XAU/USD) extends its intraday decline on Thursday as the latest US Personal Consumption Expenditures (PCE) inflation data reinforce expectations of a Federal Reserve (Fed) rate hike in December after the US central bank held interest rates steady at its October meeting. At the time of writing, XAU/USD trades around $4,022, down 1.11% on the day.
Fed Rate Hike
Fed Rate Hike: Bond Traders Expect 25 Basis Point Increase
Bond traders are entering Wednesday’s Federal Reserve decision with strong expectations that the US central bank will raise interest rates.
Gold Price Slips as US PCE Inflation Keeps Fed Rate Hike Bets in Check
Gold (XAU/USD) trades around $4,620 on Wednesday at the time of writing, down 0.83% on the day. Bearish pressure on the precious metal strengthens modestly following the release of the Federal Reserve’s (Fed) preferred inflation gauge, although the data do little to alter market expectations for the central bank’s September meeting.
Dollar Hits 2-Month High as Fed Rate Hike Bets Push US Currency Up
Dollar largest weekly rise: The dollar firmed on Friday and was set for its largest weekly gain in more than two months, as rising energy prices and prolonged disruptions to shipping stoked inflationary pressures, boosting bets on a Federal Reserve rate hike this year.
Fed Policy Today: क्या आज आखिरी होगी ब्याज दरों में बढ़ोतरी, क्या कहते हैं दुनिया भर के इकोनॉमिस्ट
Fed Policy Today: अमेरिकी फेडरल रिजर्व (US Federal Reserve) आज ब्याज दरों को लेकर अपनी पॉलिसी का ऐलान करेगा, मोटे तौर पर ब्याज दरों को लेकर फेड (Fed) का क्या फैसला होगा, ये तय है, लेकिन अमेरिका में बैंकिंग संकट जिस तरह से गहरा रहा है, उसे लेकर शेयर बाजार (Share Market) के गलियारों में कयासों का बाजार भी गर्म है.