{
  "id": 4748161,
  "title": "Gold slips as renewed Mideast tensions keep Fed hike bets alive",
  "url": "https://urgent.news/2026/09/01/gold-slips-as-renewed-mideast-tensions-keep-fed-hike-bets-alive",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T00:23:56.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-renewed-mideast-tensions-keep-fed-hike-bets-alive"
  },
  "original_language": "en",
  "account": "Gold prices slipped as heightened Middle East tensions sparked worries about inflationary pressures that could prompt the US Federal Reserve to raise interest rates, a factor weighing on the precious metal. Bullion dipped 0.1% as US crude surged past $85 a barrel and Treasury yields climbed higher. The US central bank may need to hike rates to curb price pressures, which typically have a negative impact on non-yielding gold. The metal experienced a decline in the previous session following hawkish remarks from Fed Chair Kevin Warsh, who vowed to combat inflation, leading traders to anticipate a greater than 60% probability of a rate increase at the Fed's upcoming September meeting. Despite a 10% increase in gold prices in August, marking the largest monthly gain since January, the metal still faces headwinds from the \"debasement trade\" fueled by concerns over rising sovereign debt and currency devaluation. This trade gained momentum after Treasury announced mid-month plans to boost bond buybacks, reigniting interest in the metal. Experts, such as MKS PAMP's Nicky Shiels, suggest the debasement trade will persist into September as the Treasury initiates bond buybacks and in the lead-up to the Fed meeting. Recent tensions between the US and Iran, which saw the latter strike the UAE and Jordan for the first time in about a month, further exacerbated concerns about geopolitical instability.",
  "summary": "Debasement trade is likely to continue into September, which will support the metal",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Wall St slips as higher oil prices, hawkish Fed bets weigh",
        "url": "https://urgent.news/2026/08/31/wall-st-slips-as-higher-oil-prices-hawkish-fed-bets-weigh",
        "published": "2026-08-31T14:41:51.000Z"
      },
      {
        "outlet": "Mining.com",
        "title": "Gold price slips as Mideast tensions stoke Fed hike bets",
        "url": "https://urgent.news/2026/08/31/gold-price-slips-as-mideast-tensions-stoke-fed-hike-bets",
        "published": "2026-08-31T16:51:00.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Gold slips as Warsh Fed hike bets, Oil rally lift US yields",
        "url": "https://urgent.news/2026/08/31/gold-slips-as-warsh-fed-hike-bets-oil-rally-lift-us-yields",
        "published": "2026-08-31T18:36:48.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Gold slides to two-week low as higher oil prices, hawkish Fed outlook keep yields high",
        "url": "https://urgent.news/2026/08/31/gold-slides-to-two-week-low-as-higher-oil-prices-hawkish-fed-outlook",
        "published": "2026-08-31T21:40:28.000Z"
      }
    ]
  },
  "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."
}