Actual
4,331.65
Daily Change
-11.37 -0.26%
Monthly
-6.89%
Yearly
15.08%
Q3 Forecast
4,396.09
Gold - Summary

Gold prices eased to around $4,330 an ounce on Tuesday, extending losses from the previous session as hawkish comments from Federal Reserve officials reinforced expectations that US interest rates will remain higher for longer. The US central bank raised its policy rate by 25 basis points last week, marking its first such move in three years, while Chair Kevin Warsh signaled that further rate increases could follow in the months ahead. Other Fed officials, including St. Louis Fed President Alberto Musalem and Chicago Fed President Austan Goolsbee, continued to emphasize the need for additional tightening to curb inflation fueled by strong demand and rising energy prices. Markets are now pricing in a roughly 90% probability of another rate hike in December, according to the CME FedWatch Tool. Elsewhere, oil prices fell for a fifth consecutive session following reports that Iran could reopen the Strait of Hormuz within seven days if the US takes initial steps to ease military pressure.

Gold - Stats

Gold fell to 4,328.89 USD/t.oz on September 22, 2026, down 0.33% from the previous day. Over the past month, Gold's price has fallen 6.95%, but it is still 15.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gold reached an all time high of 5608.35 in January of 2026. Gold - data, forecasts, historical chart - was last updated on September 22 of 2026.

Gold - Forecast

Gold fell to 4,328.89 USD/t.oz on September 22, 2026, down 0.33% from the previous day. Over the past month, Gold's price has fallen 6.95%, but it is still 15.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold is expected to trade at 4396.09 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4812.15 in 12 months time.



Price Day Month Year Date
Gold 4,331.65 -11.37 -0.26% -6.89% 15.08% Sep/22
Silver 65.89 -0.113 -0.17% -4.42% 49.61% Sep/22
Copper 6.75 0.0667 1.00% 2.24% 47.31% Sep/22
Steel 3,107.00 -8.00 -0.26% 1.11% 1.17% Sep/22
Lithium 134,450.00 50 0.04% -16.23% 82.06% Sep/22
Platinum 1,818.30 16.90 0.94% -3.75% 20.88% Sep/22
Iron Ore 97.51 -0.06 -0.06% 2.28% -7.56% Sep/21



Related Last Previous Unit Reference
United States Gold Reserves 8133.46 8133.46 Tonnes Jun 2026
Russia Gold Reserves 2282.98 2304.75 Tonnes Jun 2026
China Gold Reserves 2346.43 2313.46 Tonnes Jun 2026
India Gold Reserves 880.52 880.52 Tonnes Jun 2026
Germany Gold Reserves 3350.25 3350.25 Tonnes Mar 2026
France Gold Reserves 2437.00 2437.00 Tonnes Mar 2026
Italy Gold Reserves 2451.84 2451.87 Tonnes Mar 2026
United States Inflation Rate 3.40 3.40 percent Aug 2026
United States Fed Funds Interest Rate 4.00 3.75 percent Sep 2026

Gold
Gold is one of the most widely followed precious metals and is often regarded as a safe-haven asset during periods of economic uncertainty, inflation, and geopolitical risk. It plays a dual role as both an investment and a consumer good, with demand driven by financial markets, jewelry consumption, and industrial use. Gold is primarily traded on the over-the-counter London market, as well as on major exchanges such as the COMEX and the Shanghai Gold Exchange (SGE). Standard futures contracts typically represent 100 troy ounces. Globally, gold demand is led by jewelry consumption, followed by investment demand and a smaller share from industrial applications. On the supply side, China, Australia, the United States, South Africa, Russia, Peru, and Indonesia are among the largest producers. Major consumers of gold jewelry include India, China, the United States, Turkey, Saudi Arabia, Russia, and the United Arab Emirates. Gold prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
4328.89 4343.02 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Extends Losses as Hawkish Fed Signals Point to Higher Rates
Gold prices eased to around $4,330 an ounce on Tuesday, extending losses from the previous session as hawkish comments from Federal Reserve officials reinforced expectations that US interest rates will remain higher for longer. The US central bank raised its policy rate by 25 basis points last week, marking its first such move in three years, while Chair Kevin Warsh signaled that further rate increases could follow in the months ahead. Other Fed officials, including St. Louis Fed President Alberto Musalem and Chicago Fed President Austan Goolsbee, continued to emphasize the need for additional tightening to curb inflation fueled by strong demand and rising energy prices. Markets are now pricing in a roughly 90% probability of another rate hike in December, according to the CME FedWatch Tool. Elsewhere, oil prices fell for a fifth consecutive session following reports that Iran could reopen the Strait of Hormuz within seven days if the US takes initial steps to ease military pressure.
2026-09-22
Gold Pressured by Hawkish Fed Remarks
Gold fell toward $4,300 an ounce on Tuesday, extending losses from the previous session as hawkish comments from Federal Reserve officials strengthened expectations for further US interest rate hikes. On Monday, Chicago Fed President Austan Goolsbee said the central bank must account for persistent supply shocks, while St. Louis Fed President Alberto Musalem said additional increases may be needed to bring inflation toward the Fed’s target. Meanwhile, falling oil prices offered some support for gold amid increased diplomatic efforts to end the Middle East conflict and signs of continued energy flows from the region. President Trump is due to address the UN General Assembly in New York later today and may meet Iranian President Pezeshkian on the sidelines. Gold also remains supported by longer-term factors, including continued central bank buying, geopolitical uncertainty and concerns over fiscal sustainability and currency debasement.
2026-09-22
Gold Rises on Lower Oil Prices
Gold prices climbed above $4,350 an ounce on Tuesday, recovering from the previous session’s losses as falling oil prices eased inflation concerns and expectations for further rate hikes. Oil prices declined for four straight sessions amid increased diplomatic efforts to end the Middle East conflict and signs of continued energy flows from the region. President Trump is scheduled to address the UN General Assembly in New York later today and may meet with Iranian President Pezeshkian on the sidelines. Lower oil prices help ease inflationary pressures, reducing expectations for additional rate hikes by the Federal Reserve. Still, hawkish comments from Fed officials reinforced expectations for a tighter US interest-rate outlook following last week’s first rate hike in three years. Gold also continues to benefit from strong long-term fundamentals, including sustained central bank purchases, elevated geopolitical uncertainty, and concerns over fiscal sustainability and currency debasement.
2026-09-22