Oct 07, 2026

Gold Prices Dip as US Dollar Gains Ahead of Fed Policy Minutes

TLDR: Spot gold fell 0.8% to $4,130.37 per ounce as the US dollar index rose 0.3% during Wednesday trading. Traders still price in an 88% chance of a Fed rate hike by December, per the CME FedWatch tool. China’s central bank extended its gold buying streak to a 23rd consecutive month in September.  LBMA conference [...]

The post Gold Prices Dip as US Dollar Gains Ahead of Fed Policy Minutes appeared first on Blockonomi.

Source: Blockonomi →