EconomyGold set for steepest weekly drop in over four months as oil fuels Fed rate concerns
Gold slipped on Friday and was on track for its steepest weekly decline in more than four months. Elevated oil prices strengthened expectations that interest rates will stay higher for longer, as investors awaited next week’s Federal Reserve policy meeting.
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Reuters★★☆☆☆2026-10-23 05:10Original
Gold set for steepest weekly drop in over four months as oil fuels Fed rate concerns
Economy