Gold prices declined during trading on Tuesday (15\/09\/2026).\nInvestors and traders are concerned by the strengthening US dollar and\nthe surge in Treasury yields. Rising oil prices have also triggered\ninflation concerns, strengthening expectations of a Federal Reserve\ninterest rate hike this week.<\/p>\n
According to Refinitiv, gold prices on Tuesday closed at US$ 4,283.97\nper troy ounce, representing a slight decline of 0.12%. This weakness\nextends its negative trend, marking two consecutive days of losses.<\/p>\n
As of Wednesday (16\/09\/2026) at 06:45 WIB, gold prices stood at US$\n4,283.97 per troy ounce, down 0.20%.<\/p>\n
\u201cHigher energy prices trigger inflation. Higher inflation can drive\ninterest rates up. This is not good for gold,\u201d said Daniel Pavilonis,\nSenior Market Strategist at StoneX, to Reuters.<\/p>\n
The market is now awaiting the Federal Reserve\u2019s decision, expected\non Wednesday or early Thursday morning Indonesian time. Market\nparticipants anticipate that the US central bank will raise interest\nrates by 25 basis points to a range of 3.75%-4% and signal further\ntightening.<\/p>\n
A stronger dollar makes gold, which is priced in dollars, more\nexpensive for holders of other currencies. Meanwhile, the 10-year US\nTreasury yield has reached its highest level since 2007.<\/p>\n
Gold is well-known as a hedge against inflation and geopolitical\nuncertainty. However, the rise in yields on risk-free assets, such as\nTreasuries, reduces the attractiveness of gold, which provides no\nyield.<\/p>\n
\u201cMost of the risk of a hawkish Fed seems to have been priced in.\nHowever, gold remains vulnerable if policymakers signal that interest\nrates will remain higher for longer,\u201d wrote an analyst from ING.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/prepare-yourself-gold-prices-set-for-volatility-ahead-of-fed-decision-1789520025", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }