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Mounting rate hike bets keep weekly loss in sight for gold

Gold prices rose slightly on Friday but are set for a weekly decline of 2.1 percent. Factors such as inflation worries and rising US Treasury yields have negatively impacted the allure of gold as a safe haven for investors. The Federal Reserve's recent interest rate hike has raised concerns about future increases, further affecting gold's market perception.

26 Sep 2026 9:23 am