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Finance / Energy Energy

Gold Drops Below $4,000 as Fed Rate Hike Bets Surge

Source: bloombergMarkets July 13, 2026 · 13:10
In this Metals Spotlight segment, Bloomberg's Metals Reporter Jack Ryan talks about how oil prices and a renewed US blockade of the Strait of Hormuz are impacting gold and silver prices. Bullion slid below $4,000 an ounce during trading on Monday as Fed Governor Christopher Waller said policymakers may need to raise rates in the near term. Ryan reports on "Bloomberg Open Interest." (Source: Bloomberg)
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