Back to News
Market Impact: 0.25
Gold Edges Higher as Lower Oil Prices Damp Chance of Rate Hikes
Source: Bloomberg
Commodities & Raw MaterialsEnergy Markets & PricesInterest Rates & YieldsInflationMonetary Policy
Gold edged higher as a multi-session decline in oil prices eased inflation concerns and reduced perceived odds of further Federal Reserve rate hikes. Lower expected rates are supportive for non-yielding gold, although the move described was modest.
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
- Trump says U.S. carried out ‘minor strikes’ on Iran as missiles hit Qeshm Island
- Will Trump strike nuclear sites again as Iran engages ‘cognitive warfare’?
- Further turmoil could be in store for tech stocks. What to watch in the week ahead
- How the US midterm elections reflected resistance to data centres
- Trump confirms new US strikes on Iran’s Qeshm Island
- A ‘geologic freak’ called the Smackover may end America’s lithium dependence on China, and Big Oil is already there