Gold Research

Traders see September rate hike as European Central Bank mulls energy price spike

ECB president Christine Lagarde said the bank anticipates inflation to remain "well above target" until the first half of 2027.

ECB president Christine Lagarde said the bank anticipates inflation to remain "well above target" until the first half of 2027.

Gold impact rationale

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

  • Source: CNBC Markets
  • 2026-07-23
  • rates

Topics: gold news, gold price impact, rates