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Gold price at CAD$5,684/oz after Bank of Canada raises 25 bps, sees growth slowing in Q4 before rebounding in 2028

Barchart·10/28/2026 09:14:07
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(Kitco News) - The Bank of Canada (BoC) raised its key overnight rate to 2.50% on Wednesday, as expected, with the bank rate rising to 2.75% and the deposit rate rising to 2.45%.