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The Economic Times

Global Business / The Economic Times

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Gold holds ground after 3% drop on Warsh's hawkish stance

On Monday, gold prices held steady following a noteworthy decline. Federal Reserve Chair Kevin Warsh suggested that interest rate hikes could be on the horizon, leading markets to predict an increased chance of a September rate rise. Labor market reports set to be released this week will offer additional economic clarity. Other precious metals also experienced slight fluctuations.

31 Aug 2026 7:30 am