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Bloomberg

Gold Holds Two-Day Gain on Reduced Rate-Hike Expectations

Monday, August 17, 2026


Gold prices held gains from the previous two trading days as the US dollar weakened following reduced expectations for a Federal Reserve interest-rate increase. The dollar's decline typically makes gold less expensive for international buyers who use other currencies.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-17/gold-holds-two-day-gain-on-reduced-rate-hike-expectations

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