Gold prices drop to seven‑week low as oil rises and dollar strengthens
Gold prices fell sharply, reaching a seven‑week low amid rising oil prices, a stronger dollar and expectations of higher interest rates; New York gold futures also slipped to $4,150 per ounce as markets priced in a possible October Fed rate hike.
What we know
Each line rests on the points it links to; the bars count the sources behind it.
- Gold prices fell 3.81% to a seven‑week low.
- The decline was linked to rising oil prices, a stronger dollar and expectations of higher interest rates.
- Gold futures in New York fell 3.17% to $4,150 per ounce as markets priced in a possible Fed rate hike in October, according to ECO.
Points, in the order they emerged
A point is one statement a source made. It is confirmed when two or more independent sources carry it. Quotes are verbatim.
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Gold futures in New York fell 3.17% to $4,150 per ounce as markets priced in a possible Fed rate hike in October.
One sourceWhat the source said
Is this point wrong? Tell usECO“Os futuros do ouro negociados em Nova Iorque recuam 3,17% na sessão desta segunda-feira”
Machine translation: Gold futures traded in New York fell 3.17% in Monday's session
para 4.150 dólares a onça, arrastados pela subida do preço do petróleo e pelo reforço das expectativas de uma nova subida das taxas de juro nos EUA já em outubro. O movimento surge depois de o ouro à vista ter já […]
Read at ECO -
Gold prices fell 3.81%, reaching a seven‑week low amid rising oil prices, a stronger dollar and expectations of higher interest rates.
Confirmed by 2What the 2 sources said
SAPO Notícias“O metal precioso cai 3,81%”
Machine translation: The precious metal falls 3.81%
pressionado pela combinação da subida dos preços do petróleo, a apreciação do dólar e, principalmente, a perspectiva de juros mais altos para combater a inflação.
Read at SAPO NotíciasIs this point wrong? Tell usAl Jazeera English“Gold hits seven-week low; silver follows suit and records a nearly 5 percent loss.”
Read at Al Jazeera English
Who reported it
Not reported (yet) by Fox News – U.S., PBS News, The New York Times – U.S., BBC News – World, DW English, France 24 English, NPR World, The Guardian – World.
What the reports add
Written by AI from the outlets' own summaries, when someone asks. Each line names the outlets that reported it, and the words under it are theirs.