Tuesday, 20 October 2026

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Gold edges higher on softer oil; Fed rate outlook in focus

Gold prices edged higher on Monday as softer ‌oil prices offered support, while investors assessed the chances of a Federal Reserve interest rate hike later this year and looked for fresh signals on the US central bank's policy trajectory.

Gold edges higher on softer oil; Fed rate outlook in focus

Gold prices edged higher on Monday as softer ‌oil prices offered support, while investors assessed the chances of a Federal Reserve interest rate hike later this year and looked for fresh signals on the US central bank's policy trajectory.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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