20 Hrs
Source:
المصري اليوم
_1777352244987_250242181.png&w=64&q=75){kind=small}
Reasons for the fall in gold prices
The global gold price declined by approximately $40 during trading on September 14, 2026, due to the rise in the US dollar index, which reached 99.46 points, an increase of 0.29%. December-traded gold futures fell by 0.91% to around $4,368.90 per ounce, while spot prices also dropped by 0.44% to $4,330. Additionally, this decrease is attributed to expectations of interest rate hikes by the Federal Reserve and the Bank of Japan, along with rising energy costs and increasing inflation fears—especially following rises in oil prices and forecasts of an 87% chance of interest rate increases in the United States. Meanwhile, the prices of other precious metals, such as platinum and palladium, have risen, reflecting central banks' efforts to combat inflation and ongoing geopolitical tensions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)