Business · Markets · 2 hrs ago
Gold Rises as Traders Cut Bets on a Fed Rate Hike
Gold opened the week higher as traders reassessed the outlook for US interest rates.
Traders pared bets on a rate hike this month after remarks by Federal Reserve Chair Kevin Warsh.
The Federal Reserve is the US central bank, and its interest-rate decisions are watched by financial markets.
The remarks came as traders considered whether the Fed would raise rates this month.
The shift in rate expectations coincided with a rise in gold at the start of the week.
Traders are still weighing a possible rate hike this month, but no further details about the Fed's next steps are provided.
Gold opened the week higher.
Traders pared bets on a Federal Reserve interest-rate increase this month.
The shift followed remarks by Federal Reserve Chair Kevin Warsh.
The article was published on October 18, 2026.
- Who
- Gold traders.
- What
- Gold opened the week higher as traders pared bets on a Federal Reserve rate increase.
- When
- The article was published on October 18, 2026; the rate increase was expected this month.
- Where
- Not stated.
- Why
- Traders eased their bets after remarks by Federal Reserve Chair Kevin Warsh.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Commodity
- Gold
- Federal Reserve chair
- Kevin Warsh
- Rate-hike timing
- This month
- Publication date
- October 18, 2026