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Rate Hike Odds

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Close-up of a 100g fine gold bar against a red reflective surface, symbolizing wealth and luxury.
FORECASTSAUG 28, 2026
Gold Price Breaks Key 200-Day Average as Warsh Revives Rate-Hike Bets
Spot gold is under heavy pressure after falling through its 200-day moving average, a level technical traders now view as potential resistance. A hawkish shift in rate expectations has added momentum to the selloff, with markets repricing the path for policy into September and December.