Mmastodon BusinessMarkets first seen 9 h ago, last 3 min ago, peak #3

Gold Slides to Seven-Week Low on Rate-Hike Bets

Original: Gold Falls to Seven-Week Low as Rate-Hike Bets Rise https://www.wsj.com/finance/commodities-futures/gold-falls-to-seven-

Gold prices dropped to a seven-week low as investors increasingly bet that central banks, particularly the US Federal Reserve, will raise interest rates. Higher rates tend to hurt gold, which pays no yield, prompting selling pressure across commodity markets.

Why now: Traders and investors are reacting to shifting expectations about upcoming interest-rate decisions and what they mean for bullion prices.

goldFederal ReserveWall Street Journal

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Rank over time, top of the chart is #1. 3 snapshots from 5 min ago to 3 min ago.

Evidence

• Gold Falls to Seven-Week Low as Rate-Hike Bets Rise https://www.wsj.com/finance/commodities-futures/gold-falls-to-seven-week-low-as-rate-hike-bets-rise-45658349?mod=rss_markets_main # Finance # Markets # Economy · wsj_markets@robot.villas · 4

API: https://socialmediatrends-api.osmike.com/v1/trends/233921