Gold falls as oil gains and US inflation lifts Fed hike expectations
Gold prices fell as rising oil prices and strong US inflation data strengthened expectations of another Fed rate hike later this year.
Related stories
Brent Crude Rises Nearly 20% This Month Amid New Middle East Tensions
Brent futures have risen nearly 20% this month amid new tensions in the Middle East.
M impact | ENERGY | Oct 31, 2026, 07:42 AM UTC
Gold falls to a one-year low on higher-rate expectations
M impact | COMMODITIES | Oct 31, 2026, 07:42 AM UTC
Colgate-Palmolive Beats Quarterly Expectations, Raises Annual Guidance Floor
M impact | EARNINGS | Oct 31, 2026, 07:42 AM UTC
Iran Says Four Tankers Exploded While Crossing Strait of Hormuz
Iran says four tankers exploded while attempting to cross the Strait of Hormuz illegally; 25 people were rescued from a burning vessel.
M impact | ENERGY | Oct 31, 2026, 06:34 AM UTC
Gold Price on October 30, 2026, According to BROU Data
The item references BROU data on the gold price for October 30, 2026, but provides no price.
M impact | COMMODITIES | Oct 31, 2026, 01:14 AM UTC
Iran Says Four Oil Tankers Exploded in Strait of Hormuz
Iran says four oil tankers exploded in the Strait of Hormuz after failing to follow authorized routes.
M impact | ENERGY | Oct 31, 2026, 12:24 AM UTC