{
  "id": 5237216,
  "title": "Gold extends gains above $4,400 as sliding bond yields and soft USD counter Fed hike bets",
  "url": "https://urgent.news/2026/09/03/gold-extends-gains-above-4-400-as-sliding-bond-yields-and-soft-usd",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T03:51:59.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-extends-gains-above-4-400-as-sliding-bond-yields-and-soft-usd-counter-fed-hike-bets-202609030351"
  },
  "original_language": "en",
  "account": "Gold prices have continued their upward trend, surpassing the $4,400 threshold, as falling US bond yields and a weaker US dollar complicate expectations of a Federal Reserve rate hike. The precious metal has seen a second consecutive day of positive momentum, following a solid recovery from the $4,282 area, the lowest point in nearly four weeks. Traders are pricing in a 62% chance of a Fed rate hike at the upcoming September meeting, bolstered by remarks from Fed Chair Kevin Warsh. Energy prices, particularly crude oil, remain high due to recent tensions between the US and Iran, which is also driving up the value of the US dollar. However, caution is advised before committing to further bullish bets, as the 38.2% Fibonacci retracement level at $4,438 represents a potential ceiling for the current upward movement. The technical indicators suggest a stabilizing momentum, with the MACD turning positive and the RSI near 49, which is not yet in bullish territory. Traders should await strong follow-through buying and the release of the US Nonfarm Payrolls report on Friday to confirm the bottoming-out of gold prices and determine the next direction of the XAU/USD pair.",
  "summary": "Gold (XAU/USD) is seen building on the previous day's goodish recovery from the $4,282 area, or a nearly four-week low, and gaining some follow-through positive traction for the second straight day on Thursday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD extends gains as US Dollar falls further, NFP comes into focus",
        "url": "https://urgent.news/2026/09/03/silver-price-forecast-xag-usd-extends-gains-as-us-dollar-falls",
        "published": "2026-09-03T03:21:54.000Z"
      }
    ]
  },
  "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."
}