Interestingly, the probability of a rate hike at the next meeting in October declined to 39.3% as traders reacted to the pullback in the oil markets. However, Treasury yields keep moving higher, putting pressure on gold that pays no interest.Germany’s Inflation Rate increased from 2.9% in August to 3.3% in September, compared to analyst consensus of 3.2%. Fuel costs were the key driver for rising inflation in Germany. Analysts expect that ECB will be forced to raise rates to fight inflation. ECB’s policy ou ...