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Friday, 9 October 2026
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Today's read · Friday, 9 October 2026

Gold rises as dollar and oil ease

Gold prices are climbing due to a weaker dollar and declining oil prices, suggesting a shift in investor sentiment towards safe-haven assets. The hiring of Judy Shelton by the Treasury signals potential changes in monetary policy, which could impact interest rate expectations. Meanwhile, geopolitical tensions with Iran are easing, leading to a drop in oil prices and affecting energy markets.
The mood right now · shifting investor sentiment

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