{
  "id": 10867568,
  "title": "Gold prices set for monthly decline as investors await US inflation data",
  "url": "https://urgent.news/2026/09/30/gold-prices-set-for-monthly-decline-as-investors-await-us-inflation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T05:22:18.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/business/31mjshaxw"
  },
  "original_language": "en",
  "account": "Gold prices experienced a decline on Wednesday and are projected to face a monthly drop, as expectations of interest rate hikes dampen the market prior to crucial US inflation data. The precious metal plummeted by 0.2 percent to $1,770.63 per ounce, marking a more than six percent decrease since the beginning of the month. Conversely, US gold futures experienced a slight increase of 0.5 percent to $1,201.90. Analyst Tony Sieg of Critical Metals noted that the release of the Personal Consumption Expenditures (PCE) price index will be a critical gauge for gold, potentially shaping US monetary policy expectations and the trajectory of Treasury yields and the dollar. According to CME's FedWatch tool, traders have a 47 percent likelihood of an interest rate hike in October and a 91 percent chance of a rate increase in December. Silver, platinum, and palladium, all precious metals, also experienced monthly declines, with spot silver falling 0.8 percent to $60.98, platinum remaining steady at $1,705.10, and palladium slipping 0.3 percent to $1,219.60.",
  "summary": "Gold prices fell on Wednesday and are heading for a monthly loss as rate hike expectations weigh on the market ahead of key US inflation data.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold on track for monthly decline as investors brace for US inflation data",
        "url": "https://urgent.news/2026/09/30/gold-on-track-for-monthly-decline-as-investors-brace-for-us-inflation-10873779",
        "published": "2026-09-30T01:09:27.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "India Gold price today: Gold steadies, according to FXStreet data",
        "url": "https://urgent.news/2026/09/30/india-gold-price-today-gold-steadies-according-to-fxstreet-data",
        "published": "2026-09-30T04:40:51.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold set to register monthly decline as investors brace for US inflation data",
        "url": "https://urgent.news/2026/09/30/gold-set-to-register-monthly-decline-as-investors-brace-for-us",
        "published": "2026-09-30T04:49:58.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Gold on track for monthly decline as investors brace for US inflation data",
        "url": "https://urgent.news/2026/09/30/gold-on-track-for-monthly-decline-as-investors-brace-for-us-inflation",
        "published": "2026-09-30T05:40:47.000Z"
      }
    ]
  },
  "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."
}