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Gold Slides Below $4,500 as Fed Rate Hike Bets Rise and Oil Surges

By Trader Edge at 2026-09-13 04:41

Sentiment: Positive

TLDR Gold fell 1.6% to around $4,377 as oil prices and bond yields jumped sharply Fed Chair Kevin Warsh’s hawkish Jackson Hole speech pushed rate hike bets to 66% for September Brent crude crossed $91 a barrel after renewed U.S.-Iran tensions raised supply concerns The 10-year Treasury yield hit 4.78%, its highest since early 2025 [...] The post Gold Slides Below $4,500 as Fed Rate Hike Bets Rise and Oil Surges appeared first on CoinCentral. Continue reading...

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