Gold prices drop over 1% after US inflation data and higher oil prices
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AI-generated summary of the coverage listed below: Gold prices fell more than 1% after strong US inflation data and rising oil prices increased expectations of a Federal Reserve rate hike next week. The decline was reported across major Indian cities.
Covered by 5 outlets across the spectrum: 0% left, 60% center, 40% right.
Who is covering this story
- Center (2): Free Press Journal, The New Indian Express
- Right-leaning (2): Sunday Guardian, Times Now
Sources
- Hong Kong Stocks Today, September 11: Hang Seng Index Falls Nearly 1% As Middle East Conflict Sends Brent Crude Above $109; Check Why Markets Are Falling And Which Major Stocks Declined — Sunday Guardian (right-leaning)
- Gold Loses Its Shine For The Week, Prices Fall 2% As Fed Rate Hike Fears Grow — Free Press Journal (center)
- International gold prices fall over 1% as US inflation, oil prices lift rate-hike bets — The New Indian Express (center)
- Stock markets fall in early trade amid soaring crude oil prices, West Asia conflict — The New Indian Express (center)
- Gold Rate Today (September 11, 2026): Gold Prices Fall, Check 24K, 22K, 18K Prices In Delhi, Mumbai, Kolkata, Chennai, Lucknow And Other Major Cities — Times Now (right-leaning)