{
  "id": 1596310,
  "title": "Gold advances as US dollar pushes lower on easing Fed hike bets",
  "url": "https://urgent.news/2026/08/17/gold-advances-as-us-dollar-pushes-lower-on-easing-fed-hike-bets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T23:59:56.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-advances-us-dollar-pushes-lower-easing-fed-hike-bets"
  },
  "original_language": "en",
  "account": "Gold rose on Tuesday as the US dollar slipped, following expectations of fewer Federal Reserve interest rate hikes. The precious metal climbed as high as 1.1 percent, trading around US$4,425 per ounce. The US dollar had its lowest level in five months, making gold more affordable for purchasers. Analyst Justin Lin noted that markets believe the Federal Reserve is not aggressively raising interest rates in the near future. The Middle East situation worsened, with US President Donald Trump expressing hesitation to end the conflict with Iran, and fighting intensifying in Lebanon. Technical gains, along with buying from China, have pushed gold above the US$4,000 threshold and near the 100-day moving average. Spot gold climbed 1 percent to US$4,426.76 per ounce, while silver increased 2.5 percent to US$66.33 per ounce.",
  "summary": "A gauge of the US dollar was its lowest since May, making bullion that is priced in the currency cheaper",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Forex Today: US Dollar sags to two-month lows as Middle East risk lifts Oil and Gold",
        "url": "https://urgent.news/2026/08/17/forex-today-us-dollar-sags-to-two-month-lows-as-middle-east-risk",
        "published": "2026-08-17T20:22:19.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Gold gains as dollar moves lower on reduced bets for Fed rate hike",
        "url": "https://urgent.news/2026/08/17/gold-gains-as-dollar-moves-lower-on-reduced-bets-for-fed-rate-hike",
        "published": "2026-08-17T21:37:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}