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The Business Brief FRIDAY, 28 AUGUST 2026
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Economy

Gold Tumbles as Warsh’s Inflation Pledge Fuels Rate Hike Bets

1 source ·1 article ·19h ago

Gold slid the most since July as Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation bolstered bets that the US central bank will raise interest rates this year, a headwind for the precious metal.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·19h ago

Gold Tumbles as Warsh’s Inflation Pledge Fuels Rate Hike Bets

Gold slid the most since July as Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation bolstered bets that the US central bank will raise interest rates this year, a headwind for the precious metal.