Gold rises ahead of Fed rate decision; focus on Warsh comments
Gold prices rose on September 16 supported by a weaker US dollar. Traders awaited the Federal Reserve's policy decision, with markets pricing a 90% chance of a quarter-point rate hike.
Gold Market
Tagged: central banks
Gold slides as 10-year Treasury yield tops 5% ahead of Fed decision
Gold fell 0.85% on Monday, hitting a one-month low of $4,253, as the 10-year US Treasury yield climbed above 5% for the first time since 2023 and the US Dollar strengthened. Markets await the Federal Reserve's policy decision on Wednesday.
China’s August gold purchase largest since late 2023, buying streak hits 22 months
China’s central bank bought 650,000 troy ounces of gold in August, its largest monthly addition since late 2023, extending a buying run into its 22nd consecutive month.
Gold holds above $4,300 as dollar strength caps gains ahead of central bank meetings
Gold trades in a narrow range just above $4,300 as a resilient US dollar and expectations of hawkish decisions from the Fed, BoE, and BoJ this week cap gains.
BIS gold swaps rise to 141 tonnes in August amid seizure fears
The Bank for International Settlements' gold swaps rose to 141 tonnes in August 2026, up from 131 tonnes in July, as the Dutch central bank repatriated gold from the US and Canada amid seizure fears.
Gold rebounds from one-week low as dollar softens, upside capped
Gold rebounds from a one-week low near $4,340 as the US dollar weakens. However, expectations of further rate hikes and rising geopolitical tensions cap the upside ahead of US inflation data.
Kunal Shah names five buy-on-dip commodities including gold and sugar
Kunal Shah of Nirmal Bang remains bullish on commodities. He names gold, silver, copper, crude oil and sugar as top buy-on-dip picks, citing central bank buying and supply constraints.
Central banks shift gold to London ahead of possible system shock
De Nederlandsche Bank has shipped 86 tonnes of gold from New York and Ottawa to London, citing geopolitical unrest. France has already emptied its gold from the New York Fed. The moves point to a deeper concern about liquidity in a crisis.
Central banks added 23 tonnes of gold in July, pace slows
Central banks bought a net 23 tonnes of gold in July, the World Gold Council reported. Year-to-date purchases of 130 tonnes lag last year, with higher prices prompting caution.