Gold fell as investors awaited Fed minutes for fresh clues on inflation and monetary policy; CME FedWatch shows traders assign under a 22% probability of another rate hike this month. In European trade, gold futures slipped 0.75% to $4,132.7 per troy ounce. Saxo Bank said the metal faced selling after rising to $4,180 as oil rebounded and long-term Treasury yields stayed near multi‑year highs. The dollar index rose 0.44% to 102.29, weighing on demand by making dollar-priced commodities more expe

2026-10-07

Gold fell as investors awaited Fed minutes for fresh clues on inflation and monetary policy; CME FedWatch shows traders assign under a 22% probability of another rate hike this month. In European trade, gold futures slipped 0.75% to $4,132.7 per troy ounce. Saxo Bank said the metal faced selling after rising to $4,180 as oil rebounded and long-term Treasury yields stayed near multi‑year highs. The dollar index rose 0.44% to 102.29, weighing on demand by making dollar-priced commodities more expensive for foreign buyers.