Gold Research

Euro zone inflation hits 4% for first time in three years as interest rate hike looms

It was driven by energy inflation, which surged above 20% in October. Use the dated public record, source link, current and previous values, forecast horizon…

It was driven by energy inflation, which surged above 20% in October.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: CNBC Markets
  • 2026-11-04
  • rates

Topics: gold news, gold price impact, rates