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Gold jumps 2% as Fed Governor Waller's comments temper rate hike bets

Gold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar further boosted bullion, while investors await US jobs and inflation data.

4 Sep 2026 12:12 am