Gold Rises on Lower Oil Prices

2026-09-22 00:33 By Jam Kaimo Samonte 1 min. read

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.



News Stream
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
Gold Slips on Dollar Strength
Gold prices edged lower toward $4,350 on Monday, pressured by a stronger US dollar and profit-taking after last week’s rally, while investors continued to monitor developments in the Middle East. Bullion reached its highest level in more than a week on Friday as falling oil prices eased concerns over prolonged inflationary pressures. Oil prices extended their decline at the start of the week as investors looked for signs of diplomatic progress on the Iran conflict around this week’s UN meetings, although tensions remained elevated as Iran and the US exchanged fresh threats on Sunday. Meanwhile, rate-hike expectations remain elevated, with traders pricing an 88% probability of a US rate increase in December, according to the CME FedWatch Tool. Last week, both the Federal Reserve and Bank of Japan raised interest rates and signaled further tightening, following a similar move by the ECB earlier this month.
2026-09-21
Gold Slips After Two-Day Advance
Gold fell to around $4,350 an ounce on Monday, ending a two-day winning streak as investors continued to track developments in the Middle East and assess their potential impact on inflation and interest rates. Oil prices fell for a fourth straight session amid signs of increased diplomatic efforts to resolve the Middle East conflict and restore energy flows from the region. President Donald Trump said he would “probably” be open to meeting Iranian President Masoud Pezeshkian on the sidelines of the United Nations General Assembly this week, where he could also hold talks with other Persian Gulf leaders. Meanwhile, investors are awaiting several appearances by Federal Reserve officials this week after the central bank raised rates last week for the first time in three years. On Sunday, Minneapolis Fed President Neel Kashkari said inflation remains too high and that price pressures have expanded beyond the initial oil-price shock linked to the Iran war.
2026-09-21