{
  "id": 16707193,
  "title": "Gold eases on firmer dollar ahead of Fed decision",
  "url": "https://urgent.news/2026/10/27/gold-eases-on-firmer-dollar-ahead-of-fed-decision",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T04:03:39.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold/gold-eases-on-firmer-dollar-ahead-of-fed-decision/article71629705.ece"
  },
  "original_language": "en",
  "account": "Gold prices fell on Tuesday as the US dollar strengthened, with investors awaiting guidance from the Federal Reserve on interest rates. The spot price of gold fell 0.2 percent to $4,007.29 per ounce, while December futures for US gold dropped 0.5 percent to $4,019.70. A steady US dollar made gold less attractive for overseas buyers. Analyst Ilya Spivak noted that gold was \"digesting\" within its recent trading range, and a break below $3,900 could trigger a significant decline, possibly reaching the $3,800 level. The metal had fallen below $4,000 for the first time since mid-July last week, marking its worst weekly performance in about four months due to rising energy prices and heightened inflation concerns. Despite Federal Reserve policymakers signaling no further rate hikes this week, inflation worries and expectations of future rate increases dampened gold's appeal as a non-yielding asset. The Saudi-led coalition in Yemen claimed to have destroyed three ballistic missiles and drones launched by Houthi rebels. Silver, platinum, and palladium also saw declines in their respective spot prices.",
  "summary": "Spot gold eased 0.2% to $4,007.29 per ounce by 0321 GMT, while US gold futures for December delivery dropped 0.5% to $4,019.70",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Gold eases as stronger dollar weighs, Fed meeting in focus",
        "url": "https://urgent.news/2026/10/27/gold-eases-as-stronger-dollar-weighs-fed-meeting-in-focus",
        "published": "2026-10-27T01:25:30.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold eases as stronger US dollar weighs, Fed meeting in focus",
        "url": "https://urgent.news/2026/10/27/gold-eases-as-stronger-us-dollar-weighs-fed-meeting-in-focus",
        "published": "2026-10-27T01:26:15.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Ringgit opens higher against US dollar as traders eye Fed meeting",
        "url": "https://urgent.news/2026/10/27/ringgit-opens-higher-against-us-dollar-as-traders-eye-fed-meeting",
        "published": "2026-10-27T01:28:04.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar gathers strength above 0.7000, Australia's CPI and Fed rate decision in focus",
        "url": "https://urgent.news/2026/10/27/australian-dollar-gathers-strength-above-0-7000-australias-cpi-and",
        "published": "2026-10-27T02:16:06.000Z"
      }
    ]
  },
  "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."
}