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Gold Steadies After Tumbling as Warsh Spurs Fed Rate-Hike Bets

August 30, 2026 at 11:58 PM

Paywall

Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.

Gold steadied after falling more than 3% on Friday as US Federal Reserve Chairman Kevin Warsh’s pledge to fight inflation lifted bets the US central bank will raise interest rates.

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