S7/10Economic
Gold heads for second weekly loss on rate rise expectations
Gold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh on the non-yielding metal. Traders are anticipating a potential U.S. rate hike by December, while the Federal Reserve's upcoming policy meeting is expected to hold rates steady.
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⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.
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