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Gold Steadies After Tumbling as Warsh Spurs Fed Rate-Hike Bets

Bloomberg
Bloomberg
by Yihui Xie
Aug 31, 2026 · 5:28 AM
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Gold Steadies After Tumbling as Warsh Spurs Fed Rate-Hike Bets
Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.
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