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BusinessQuiet 2d · day 5

Gold slides as Fed rate hike bets surge on oil spike and strong US growth

Spot gold fell 0.5% as markets price in a 77.5% probability of an October rate increase, driven by oil above $100 and resilient economic data.

newest coverage 2d agosummary written 2d ago5 pieces1 likes & upvotes Hacker NewsGoogle NewsNewswires

What to know

  • Gold fell 0.5% to $4,267/oz on September 24 as Fed rate hike probability surged to 77.5% for October, driven by strong U.S. economic data and oil spiking above $100 amid Iran tensions.
  • Higher interest rates reduce demand for non-yielding gold; Treasury yields posted their largest jump since April 2025, compressing precious metals valuations.
  • A Trump-Xi meeting scheduled for September 24 could shift the trajectory: trade concessions or critical-mineral deals could support metals, while tariff escalation would pressure them further.

“Gold prices edged lower on Thursday, extending a sharp selloff in the previous session, dragged down by growing bets on more Federal Reserve interest rate hikes this year.”

Investing.com · Investing.com News ↗ · Sep 23, 9:22 PM

Federal Reserve Central bank setting monetary policyDonald TrumpDonald Trump U.S. PresidentMasoud PezeshkianMasoud Pezeshkian Iranian PresidentBritannia Global Markets Market analyst firm

Gold slides as Fed rate hike bets surge on oil spike and strong US growth
Investing.com News

How it unfolded 4 developments, newest first · click a bar or a number to jump articlesposts

Peak 2 pieces in two hours at Sep 23, 8 PM; 5 pieces over 5 days (4 articles · 1 post) Sep 21, 4 PM — 1 piece · 1 post — Hacker News 1Sep 21, 6 PM — quietSep 21, 8 PM — quietSep 21, 10 PM — quietSep 22, 12 AM — quietSep 22, 2 AM — quietSep 22, 4 AM — 1 piece · 1 article — Google News 1Sep 22, 6 AM — quietSep 22, 8 AM — quietSep 22, 10 AM — quietSep 22, 12 PM — quietSep 22, 2 PM — quietSep 22, 4 PM — quietSep 22, 6 PM — quietSep 22, 8 PM — quietSep 22, 10 PM — quietSep 23, 12 AM — quietSep 23, 2 AM — quietSep 23, 4 AM — quietSep 23, 6 AM — quietSep 23, 8 AM — quietSep 23, 10 AM — quietSep 23, 12 PM — quietSep 23, 2 PM — quietSep 23, 4 PM — quietSep 23, 6 PM — quietSep 23, 8 PM — 2 pieces · 2 articles — Google News 1, Newswires 1Sep 23, 10 PM — quietSep 24, 12 AM — quietSep 24, 2 AM — 1 piece · 1 article — Google News 1Sep 24, 4 AM — quietSep 24, 6 AM — quietSep 24, 8 AM — quietSep 24, 10 AM — quietSep 24, 12 PM — quietSep 24, 2 PM — quietSep 24, 4 PM — quietSep 24, 6 PM — quietSep 24, 8 PM — quietSep 24, 10 PM — quietYesterday, 12 AM — quietYesterday, 2 AM — quietYesterday, 4 AM — quietYesterday, 6 AM — quietYesterday, 8 AM — quietYesterday, 10 AM — quietYesterday, 12 PM — quietYesterday, 2 PM — quietYesterday, 4 PM — quietYesterday, 6 PM — quietYesterday, 8 PM — quietYesterday, 10 PM — quietToday, 12 AM — quietToday, 2 AM — quietToday, 4 AM — quietToday, 6 AM — quietToday, 8 AM — quiet 123–4
Sep 22Sep 23Sep 24yesterdaynow · 9:45 AM ET
  1. 4

    Trump-Xi summit outcome may determine near-term metals trajectory

    Britannia Global Markets analysts flagged the upcoming Trump-Xi meeting as a critical inflection point: a broader trade deal or concessions on critical minerals could lift metals prices, while any breakdown would revive tariff risk concerns.

  2. 3

    Gold extends selloff on surging Fed hike bets and oil spike above $100

    Spot gold fell 0.5% to $4,267.43/oz as oil prices rebounded above $100 a barrel amid fading hopes for Iran war resolution. Iranian President Masoud Pezeshkian stated Iran would not allow freedom of navigation through the Strait of Hormuz while U.S. blockade and sanctions remain. Strong U.S. business activity data—expanding at its fastest pace in over five years in September—pushed Fed rate hike probability to 77.5% for October (from 55.4% a week prior) and 58% for December (from 41.7%). Treasury yields hit their largest jump since April 2025, pressuring gold further.

    “Iranian President Masoud Pezeshkian told the United Nations that Iran would not allow freedom of navigation through the Strait of Hormuz while a U.S. blockade and sanctions remain in place.”
    — Iranian President Masoud Pezeshkian
    1. 2 outlets Gold steadies after selloff as oil, strong U.S. data lift Fed hike bets

      first by Investing.com India, 2d ago · also Investing.com News

  3. 1 day quiet
  4. 2

    Gold steadies as US rate-hike expectations weigh on prices

    Coverage continues monitoring gold's response to shifting Fed rate outlook in near-term trading.

    1. 1 outlet first by Economies.com, 4d ago · read ↗

  5. 1

    Gold steadies amid inflation and Fed rate outlook concerns

    Market commentary begins tracking gold's sensitivity to Federal Reserve policy expectations as traders weigh inflation dynamics.