Gold Research

Bank of England set to defy Fed’s rate-hike lead, despite rising inflation

The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices. Use the dated…

The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.

Gold impact rationale

Rising inflation pressure strengthens demand for gold as an inflation hedge.

  • Source: CNBC Markets
  • 2026-09-17
  • inflation
  • price_action

Topics: gold news, gold price impact, inflation, price_action

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