Gold prices rise as expectations of October Fed rate hike decline
Most outlets reported that gold prices increased due to lowered expectations of a Federal Reserve rate hike in October. Business Recorder emphasized the impact of recent soft economic data on the shift in expectations, while Profit highlighted the specific rise in spot gold price and the percentage change in the probability of a rate hike.
Summary generated by HarZaviya from the headlines and excerpts of the 2 outlets below. Each outlet's own headline is listed under it.
Same story from 2 outlets
Each outlet's own headline, most recent first — read any at its source.
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Gold rises as chances of October Fed rate hike fall
Spot gold rises 0.4% to $4,158.17 an ounce as probability of an October rate increase falls to 22% from 64% a week earlier
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Gold gains as October Fed rate hike prospects fade
Gold prices drifted higher on Monday after recent soft economic data sharply lowered expectations of a Federal Reserve rate hike in October, increasing the appeal of the non-yielding asset. Spot gold was up 0.4% to $4,158.17 per ounce by 0150 GMT. US gold futures for December delivery rose 0.6% to $4,186.40. US job growth slowed more than expected in September, and the nonfarm payrolls count...
2 articles from 2 outlets, 5 Oct–5 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?