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Ounce gold rises to $4,137 after sharp fall

Photo: Oda TV

This story is from 29 September 2026.

In global markets, ounce gold closed yesterday at $4,115 after falling 3.97% and rose to $4,137 in early trading today. Gram gold started the day at 6,518 lira.

The fall was driven by rising US bond yields, a stronger dollar and expectations of a new rate hike from the Fed. Markets focused this week on the PCE inflation data due Wednesday in the US and the nonfarm payrolls data due Friday.

Ounce gold rises to $4,137 after sharp fall

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