Back to News
Market Impact: 0.2
Gold holds above $4,000 as Hormuz diplomacy cools crude ahead of Fed decision
Source: kitco.com
Commodities & Raw MaterialsMonetary PolicyInflation
Spot gold and silver rose in late U.S. trading Monday, recovering some of last week's steep losses. Lower crude oil prices eased inflation concerns and supported renewed precious-metals buying ahead of this week's Federal Reserve policy decision.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly positive
Sentiment Score
0.15
More News
- Federal Reserve is likely to hold interest rates steady in October. Here's what that means for consumers
- A shock in Brazil sends stocks plunging, while neoclouds take another hit
- EQT becomes the nation’s leading natural gas ‘juggernaut’ with a $13B deal as data center, export demand surges
- Bank of Japan is expected to hold rates this week — but stay hawkish: CNBC survey
- Gold Steadies Above $4,000 With Fed Rate Decision in Focus
- Anthropic Files for IPO