Back to news
21 Sept 2026 · 23:10 GMT+3

Gold price retraces as Fed hawks keep the US Dollar bid

Gold price retreats on Monday, down over 0.6% following last week’s Federal Reserve (Fed) interest rate hike. That 25 bps hike initially pushed US bond yields higher, but the US Dollar Index (DXY) has recovered some ground on Monday despite Treasury yields falling in the back half.

Trading involves risk. The information above is for reference only and does not constitute investment advice.