{
  "id": 7844814,
  "title": "Federal Reserve hawkish hike sent Gold price lower",
  "url": "https://urgent.news/2026/09/16/federal-reserve-hawkish-hike-sent-gold-price-lower",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T18:14:26.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/federal-reserve-hawkish-hike-sent-gold-price-lower-202609161814"
  },
  "original_language": "en",
  "account": "The Federal Reserve's recent 25 basis-point interest rate hike led to a decline in Gold prices. Following the meeting, the US Dollar strengthened across most major currencies. Policymakers believed inflation remained elevated despite solid economic activity. Twelve out of 18 officials anticipated another 25-bps rate hike this year, four saw two hikes, and two saw none. Gold, which had reached a high of $4,366, fell to around $4,328.92, trading near the 100-day SMA of $4,326.68. The metal remained well below the 20-day SMA of $4,445.34 and the 200-day SMA of $4,540.18, indicating a neutral-to-bearish outlook. Technical indicators, such as the 14-day RSI and 14-period Momentum, suggested weakening upside pressure. The Fed, responsible for monetary policy, made its decision at eight scheduled meetings per year, with its primary mandate being to keep inflation at 2% while maintaining full employment.",
  "summary": "The United States (US) Federal Open Market Committee (FOMC) announced a 25 basis-point (bps) interest rate hike following its two-day meeting, pushing the US Dollar (USD) firmly up against most major rivals. With this decision, the Funds Target Range (FFTR) stands floating in the 3.75%–4.00% range.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}