Gold Research
Australian Dollar: RBA keeps hike option alive – BNY
BNY’s Geoff Yu highlights that Reserve Bank of Australia (RBA) Governor Michele Bullock signaled a possible rate hike at the August 10–11 meeting, stressing inflation is still too high and productivity weak.
BNY’s Geoff Yu highlights that Reserve Bank of Australia (RBA) Governor Michele Bullock signaled a possible rate hike at the August 10–11 meeting, stressing inflation is still too high and productivity weak.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-07-28
- rates
Topics: gold news, gold price impact, rates