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28 Sept 2026 · 14:03 GMT+3

Gold tumbles over 3.5% as Fed rate-hike bets, surging US Treasury yields weigh

Gold (XAU/USD) remains under strong selling pressure on Monday, down over 3.5% as elevated Oil prices reinforce expectations of further Federal Reserve (Fed) interest rate hikes. At the time of writing, XAU/USD trades around $4,121, its lowest level since August 5.

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