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News 2026-09-18 20:00 UTC

Gold futures test 5-session high after BOJ rate hike.

Gold futures rallied to a five-session high of $4,439.80 before pulling back to near unchanged as markets digested a rate hike from the Bank of Japan. The BOJ raised rates a quarter point to 1.25%, marking its highest level since 1995. With major central banks continuing to lift rates, upward pressure on global yields