Report
Gold prices edge higher from a two-month low as the dollar eases
Reuters reports traders weighed another US Federal Reserve rate hike in 2026 as the dollar eased from an 18-month peak.
TLDR
Reuters reports gold prices edged higher on October 8 after hitting a two-month low, helped by a dollar that had eased from an 18-month peak. Traders were also weighing the prospect of another US Federal Reserve rate hike in 2026.
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