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2026-10-17T00:00:00.000Z

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Impact of Fed rate decision on gold

Impact of Fed rate decision on gold

Reports indicate that the Federal Reserve's decision regarding interest rates will significantly impact gold prices, as the future movements of the yellow metal depend on the US interest rate trajectory and inflation developments. If the gold price remains above $4,000 per ounce, this could support a price increase. However, the prospects of an interest rate hike and a strong dollar may exert downward pressure on gold. Experts expect that keeping rates steady might support a rise in prices, while raising them could negatively affect the metal, with economic data such as inflation and employment figures being closely monitored to determine the trend. Currently, markets are leaning toward a hold on rates during the October meeting, with a high probability—around 90%—of a rate hike in December.

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