Gold
Gold
Crude Oil Tops $100 a Barrel as Producer Prices and Middle East Tensions Push Fed Hike Odds to 70%
August PPI rose 0.4% and U.S. crude jumped above $100/barrel on escalating Iran tensions, lifting CME FedWatch odds of a September Fed rate hike to 70% and a second hike by December to near 60%.
Bullish for Gold (safe haven), Bullish for USD (rate-hike premium) GoldKalshi Launches Gold and Silver Perpetual Futures After CFTC Approval
Prediction market platform Kalshi received CFTC approval and launched perpetual futures contracts on gold and silver, extending an asset class it first brought to crypto in May.
Structurally bullish for gold liquidity and retail access, neutral-to-positive for price