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Bloomberg

Gold Holds Gain After Warsh Remarks Ease Fed Rate-Hike Prospects

Thursday, July 2, 2026


Gold prices held gains following remarks by Federal Reserve Chairman Kevin Warsh. Warsh's speech reduced expectations among traders and analysts that the Federal Reserve would raise interest rates in the current year. The central bank has cited inflation as a factor in rate-decision deliberations.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-02/gold-holds-gain-after-warsh-remarks-ease-fed-rate-hike-prospects

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