Gold Rebounds as Fed Hike Bets Rise on Inflation Data — SkimNews
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- Gold rebounded on Friday, September 11, 2026, after opening at its lowest level in more than a month, as traders focused on oil prices and upcoming U.S. inflation figures (WSJ).
- Gold climbed on dip-buying as Fed rate-hike bets rose following U.S. inflation data, weathering a violent rates move ahead of the CPI release (CNBC, FOREX.com).
Why it matters: Gold's bounce off a multi-week low even as Fed rate-hike expectations climbed shows dip-buyers absorbing supply despite tightening monetary policy — putting Friday's CPI print squarely in the driver's seat for whether gold's floor holds or cracks lower into next week.
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