Gold Edges Lower as Traders Weigh Oil Prices and Fed Rate Path
Spot gold fell 1.3% as traders weighed higher U.S. rates, a stronger dollar and heavy selling in a London bullion auction.
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7 Articles
US Market: Fed rate path, oil prices and AI concerns to shape Wall Street this week
US investors are set to focus on Federal Reserve rate signals, Middle East tensions, oil prices and Treasury yields this week. Attention will also center on Trump-Xi talks, semiconductor trade and growing AI concerns. Technology stocks remain crucial for broader market momentum, while economic data and Fed officials’ comments may shape expectations.
Spot gold prices fell 0.6% to $4,349.94 per ounce on September 21, after having dropped more than 1% to a session low of $4,322.19 per ounce earlier. Domestic gold prices unexpectedly dropped by 1 million VND this afternoon. Domestic gold prices remained stable, trading around 147.6 million VND. Gold prices on September 21: Price list at domestic gold, silver and gemstone companies.
Gold survived a Fed hike and falling oil: why can't it break above $4,400?
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