# Gold hits more than three-week low as Middle East tensions stoke rate-hike fears

https://mins.news/en/item/41491

- Reuters, 2026-09-02 06:05 UTC
- Economy
- Original: https://www.reuters.com/world/india/gold-hits-over-3-week-low-mideast-tensions-fan-rate-hike-fears-2026-09-02/?link_source=ta_bluesky_link&taid=6a97bc912732d800016747ce

> Gold dropped to its lowest level in more than three weeks on Wednesday. Escalating conflict in the Middle East pushed oil prices higher, fueling inflation and concerns about further rate hikes, while investors turned their attention to upcoming U.S. jobs data.

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