{
  "id": 7221812,
  "title": "Gold edges lower below $4,350 on imminent Fed rate hike",
  "url": "https://urgent.news/2026/09/14/gold-edges-lower-below-4-350-on-imminent-fed-rate-hike",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T02:00:32.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-edges-lower-below-4-350-on-imminent-fed-rate-hike-202609140200"
  },
  "original_language": "en",
  "account": "Gold prices dipped below $4,350 on Monday morning as investors anticipated a possible Federal Reserve interest rate increase later in the week. The core US Consumer Price Index (CPI) rose 0.3% in August, exceeding expectations and adding to concerns over rising inflation. The likelihood of a Fed rate hike climbed to 86.2%, up from 72% beforehand. Analysts foresee a potentially dovish tone from Fed policymakers, which could help cushion gold's decline. Despite the prevailing macro uncertainties, gold has shown resilience as a safe-haven asset. Central banks continue to hold substantial gold reserves to strengthen their economies and currencies during turbulent periods.",
  "summary": "Gold price (XAU/USD) loses ground to near $4,340 during the early Asian trading hours on Monday. The precious metal remains under selling pressure as hotter-than-expected US inflation data raised prospects that the Federal Reserve (Fed) will hike interest rates later this week.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "ABC News AU",
        "title": "Live: Wall Street rises despite hot inflation likely to trigger a Fed rate hike this week",
        "url": "https://urgent.news/2026/09/13/live-wall-street-rises-despite-hot-inflation-likely-to-trigger-a-fed",
        "published": "2026-09-13T20:59:12.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar declines to near 0.7150 as hot US inflation data boost case for Fed rate hike",
        "url": "https://urgent.news/2026/09/13/australian-dollar-declines-to-near-0-7150-as-hot-us-inflation-data",
        "published": "2026-09-13T23:39:47.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "After oil surge, Fed rate hike will shape challenge",
        "url": "https://urgent.news/2026/09/14/after-oil-surge-fed-rate-hike-will-shape-challenge",
        "published": "2026-09-14T00:35:44.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Gold slips as hotter US inflation lifts Fed hike bets, oil stokes price pressures",
        "url": "https://urgent.news/2026/09/14/gold-slips-as-hotter-us-inflation-lifts-fed-hike-bets-oil-stokes",
        "published": "2026-09-14T01:38:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Gold slips as oil rally fans rate hike bets ahead of Fed meeting",
        "url": "https://urgent.news/2026/09/14/gold-slips-as-oil-rally-fans-rate-hike-bets-ahead-of-fed-meeting",
        "published": "2026-09-14T05:51:43.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold slips as oil rally fans rate hike bets ahead of Fed meeting",
        "url": "https://urgent.news/2026/09/14/gold-slips-as-oil-rally-fans-rate-hike-bets-ahead-of-fed-meeting-7261455",
        "published": "2026-09-14T06:52:34.000Z"
      }
    ]
  },
  "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."
}