Gold on track for third weekly gain as US rate outlook offsets dollar strength - Reuters
Gold on track for third weekly gain as US rate outlook offsets dollar strength Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"If things break down, (gold) could end up back in mid-$4,000’s pretty quickly. But if the ceasefire holds and the peace deal starts to look more likely, then we could push through $5,000."
— Rodda , Other
Locations
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxOVk1Xa1pPY0RrdDdabnpiRXBBc01neVJTbHJiV25QSF9QWVFNcTF2dTBFVktzcTcxZkpiSFRJa1piNjA3NnU4QThyN2dpNk5Uc0R1YUVKNkJ2VmNqVjJlTThfZm03RFE1ZTBDTDNYa2RHdWtKYVZkUkpNaXA1a1NWTWxSVkJ0dFlpbjhNYm9pbkhaQ19HQ2w3Zl9IeTVjbzJnWXdIREhGTGQ2ekxVcjJHVS15TEY?oc=5" target="_blank">Gold on track for third weekly gain as US rate outlook offsets dollar strength</a> <font color="#6f6f6f">Reuters</font>
Gold prices dipped slightly due to a firmer dollar and US-Iran ceasefire uncertainty but remained on track for a third consecutive weekly gain as investors anticipated earlier and deeper US rate cuts, supporting non-yielding bullion.
Comex Gold prices are on track for a third consecutive weekly gain, boosted by expectations that the U.S. Federal Reserve will halt interest rate hikes after their upcoming July meeting. However, the metal experienced a slight setback on Thursday as the dollar and bond yields rose due to robust U.S. labor market data.
Similar Stories
Related coverage based on topic and tags
Gold rises more than 1%, Fed outlook in focus - Reuters
Gold rises more than 1%, Fed outlook in focus Reuters
October 9, 2026 at 01:58 AMGold slips as dollar gains; investors await Fed minutes for rate clues - Reuters
Gold slips as dollar gains; investors await Fed minutes for rate clues Reuters
October 7, 2026 at 02:18 AMGold inches lower as firmer dollar, higher yields weigh - Reuters
Gold inches lower as firmer dollar, higher yields weigh Reuters
October 6, 2026 at 02:15 AMGold prices recover from two-month low as dollar rally stalls - Reuters
Gold prices recover from two-month low as dollar rally stalls Reuters
October 8, 2026 at 01:21 AMDollar recoups losses as markets await Fed minutes, speakers - Reuters
Dollar recoups losses as markets await Fed minutes, speakers Reuters
October 7, 2026 at 01:14 AMEuro skids toward fifth weekly fall but selling pressure eases - Reuters
Euro skids toward fifth weekly fall but selling pressure eases Reuters
October 9, 2026 at 01:04 AM