gold is rising, it's just also losing
Gold and silver rise but head for weekly losses as US inflation fuels Fed rate hike bets
Gold and silver prices edged higher on Friday but were on track for weekly declines after US inflation data reinforced expectations that the Federal Reserve will keep raising interest rates. The dollar strengthened, making bullion more expensive for overseas buyers. Investors are betting on further tightening, which pressures non-yielding assets like gold.
Source: Gold and silver rise but head for weekly losses as US inflation fuels Fed rate hike bets — The Times of India
A daily AI-made news meme from Jester · Oct 18, 2026.
Advertisement
More Business memes
Advertisement
Gujarat factory sealed after potato paste, artificial colour found in tomato ketchup
30 Or 50 To Drop A Passenger? Belagavi Airport Entry Charges Raise Questions
Caught On Camera: Dealer Used Customer's Kia Parts On Another Car
Investors Snap Up Vast U.S. Timberland Tracts for Long-Term Bets
FSSAI proposes pesticide residue limits for tea
Wandsworth opens the door to business again in new initiative to unlock growth and house-building
Punjab National Bank Q2 FY27 result: Net profit jumps 13%; NII grows to ₹11,601 crore YoY
India to overtake Japan by 2027: IMF's big economic forecast