{
  "id": 10818401,
  "title": "Gold falls amid rising oil prices and higher US dollar",
  "url": "https://urgent.news/2026/09/30/gold-falls-amid-rising-oil-prices-and-higher-us-dollar",
  "topic": "world",
  "section": "World",
  "published": "2026-09-30T00:54:45.000Z",
  "source": {
    "name": "The Chronicle Ghana",
    "slug": "the-chronicle-ghana",
    "url": "https://thechronicle.com.gh/gold-falls-amid-rising-oil-prices-and-higher-us-dollar/"
  },
  "original_language": "en",
  "account": "Gold prices are declining as worries of escalating fuel prices fuel inflation concerns following the conflict between the United States and Iran. On Monday, spot gold prices experienced a 3.3 percent decrease, reaching a seven-week low of $4,146.51 per ounce. The surge in oil prices, a stronger US dollar, and rising Treasury yields amplified inflation concerns, presenting additional challenges for the precious metal. This marks the lowest point for gold values since August 5. US gold futures also declined by 3.3 percent, settling at $4,178.40. While gold is typically viewed as a safeguard against inflation, higher interest rates diminish its attractiveness as investors opt for assets that generate income. Sherif Othman, CEO of Poise Investment Advisors based in Maryland, stated to Al Jazeera that \"there might be no notable direct impact on regular people due to that. However, investors who had turned to gold will see a hit, especially under the current high inflation rates.\" He further explained, \"Gold does not yield interest, so when Treasury yields go up, investors turn away from gold, impacting its value.\"",
  "summary": "Gold prices are falling as concerns of rising fuel prices stoke inflation worries on the back of the war between the United States and Iran. Spot gold prices fell by 3.3 percent to reach a more than seven-week low at $4,146.51 per ounce on Monday. Rising oil prices, a higher US dollar and Treasury yields […] The post Gold falls amid rising oil prices and higher US dollar appeared first on The…",
  "key_points": [
    "Gold prices drop 3.3% to $4,146.51 per ounce",
    "Rising oil prices and stronger US dollar fuel inflation concerns",
    "Higher Treasury yields make gold less attractive to investors"
  ],
  "editors_take": "Rising Treasury yields and a stronger US dollar are reducing gold's appeal as an inflation safeguard, causing its value to drop as investors opt for income-generating assets instead.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}