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The Business Brief MONDAY, 31 AUGUST 2026
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Economy

Gold Holds Biggest Drop in Over Two Months on Fed Rate-Hike Bets

1 source ·1 article ·4h ago

Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·4h ago

Gold Holds Biggest Drop in Over Two Months on Fed Rate-Hike Bets

Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.