Gold price today, Wednesday, September 23, 2026: Gold holds as investors weigh China, Iran relations

On Wednesday, September 23, 2026, gold prices held steady at $4,394.70 per troy ounce as futures opened. Throughout the morning, gold slipped to $4,352 per troy ounce. Investors are closely monitoring the situation, considering recent developments in Iran relations and President Trump's welcome for Chinese President Xi Jinping during today's U.S.-China summit.

This marks the first time in 11 years that the Chinese President has visited Washington, D.C., to discuss important issues such as trade, rare earths, artificial intelligence, and the war in Iran. Tensions between the U.S. and Iran have been reduced after several hours of negotiations at the United Nations, causing oil prices to decline by 9.98% over the past five days.