Gold Prices Drop Toward $4,550 as Expectations of Fed Rate Cuts Diminish

Gold prices fell toward $4,550 per ounce this week due to fading expectations for Federal Reserve rate cuts amid hotter-than-expected inflation data. The appointment of Kevin Warsh as the next Fed Chair further reinforced a hawkish monetary policy outlook.

By Matthew Bolden Fri, May 15, 2026 at 11:11 PM GMT+3 5 min read · Yahoo Finance · May 15, 2026, 20:11 UTC

Gold Prices Drop Toward $4,550 as Expectations of Fed Rate Cuts Diminish

Topics: Fed policy expectations gold prices inflation data

Read the full article at Yahoo Finance

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