Gold Research

European Central Bank keeps key interest rate on hold at 2.5%

Markets saw the decision as a hawkish pause and were last pricing in a 67% chance of a December rate hike. Use the dated public record, source link, current…

Markets saw the decision as a hawkish pause and were last pricing in a 67% chance of a December rate hike.

Gold impact rationale

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

  • Source: CNBC Markets
  • 2026-10-29
  • rates

Topics: gold news, gold price impact, rates