{
  "id": 7261455,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T06:52:34.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold/gold-slips-as-oil-rally-fans-rate-hike-bets-ahead-of-fed-meeting/article71465512.ece"
  },
  "original_language": "en",
  "account": "Gold prices fell on Monday as concerns over inflation surged due to a rise in oil prices, increasing the likelihood that the US Federal Reserve may hike interest rates during its upcoming policy meeting. Spot gold declined 0.5% to $4,327.09 per ounce, following a third straight weekly drop on Friday. US gold futures also decreased 0.9% to $4,367.50. Analyst Tim Waterer noted that \"Gold isn't finding conditions to its liking,\" explaining that \"rising energy prices plus climbing rate expectations ahead of the Fed and BoJ meetings are delivering a clear yield headwind for gold.\" Meanwhile, US consumer prices surged in August, and a key measure of underlying inflation saw its largest increase in four months, further reinforcing the belief that the Fed will raise interest rates at its meeting on Tuesday and Wednesday. The chance of a rate hike now stands at 87%, up from 67% prior to the latest inflation data, according to the CME FedWatch Tool. The Bank of Japan is also expected to raise rates on Friday, as persistent inflation and strong economic growth have raised the possibility of additional rate hikes by major central banks. Oil prices surged more than 2% on Monday after Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf worsened supply worries following the closure of a key Saudi oil pipeline. Diplomacy in West Asia also appeared to falter after a planned meeting between Iran and other Gulf states was postponed. Silver slipped 1% to $63.80 per ounce, platinum fell 0.2% to $1,792.59, and palladium declined 0.4% to $1,293.86.",
  "summary": "Spot gold at $4,327 after third weekly fall; traders see 87% chance of US hike 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": "The Business Times - Companies & Markets",
        "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-7277756",
        "published": "2026-09-14T01:35:53.000Z"
      },
      {
        "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"
      }
    ]
  },
  "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."
}