Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Oil Rally Sparks Rate Hike Bets Ahead of Fed Meeting

Guavy AI Editorial Team
Instruments
Oil Gold
Share

Gold prices declined on Monday as an increase in oil prices raised concerns about inflation, which is expected to lead to a potential interest rate hike by the US Federal Reserve at its upcoming policy meeting.

The spot price of gold fell 0.3% to $4,334.31 per ounce by 0330 GMT after experiencing its third consecutive weekly decline on Friday.

US gold futures dropped 0.8% to $4,375.00, following the surge in oil prices that sparked inflation concerns and boosted expectations of a rate hike.

More on Commodities

Commodities 2m ago

Copper Prices Tumble Amid Uncertainty Over US Tariffs

Commodities 3m ago

Motilal Oswal Sees Turning Point for Indraprastha Gas Amidst Easing Cost Pressures

Commodities 3m ago

Natural Gas Prices Maintain Bullish Trend Amid Stability Above Support Level

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy