commodities
Gold Slides 1.9% as Oil Spike Fuels Bets on Further Fed Tightening
Spot gold tumbled 1.9% to $4,060.37 an ounce as rising crude oil prices stoked inflation worries ahead of the Federal Reserve's October 27–28 meeting. Market-implied odds now show a roughly 91% probability of a December rate increase,…
By Lila Merrick