{
  "id": 7901189,
  "title": "Gold falls to near $4,250 after Fed delivers rate hike",
  "url": "https://urgent.news/2026/09/16/gold-falls-to-near-4-250-after-fed-delivers-rate-hike",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T23:25:30.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-falls-to-near-4-250-after-fed-delivers-rate-hike-202609162325"
  },
  "original_language": "en",
  "account": "Gold prices fell close to $4,250 on Thursday after the US Federal Reserve raised interest rates for the first time since July 2023. The Federal Open Market Committee voted to increase the benchmark federal funds rate to a range of 3.75% to 4.0%, signaling more hikes may be on the horizon this year. Fed Chair Kevin Warsh expressed concerns over inflation, citing various products and services with annualized price gains above 3%. Higher interest rates typically make assets that yield interest, like gold, less attractive. US President Donald Trump urged the central bank to lower rates to \"1% or less\" after the initial rate hike. The trade between the US Dollar and gold is inverse, with a weaker dollar and higher gold prices. Technical analysis suggests current bearish pressure on gold, with support near $4,200.",
  "summary": "Gold price (XAU/USD) attracts some sellers to around $4,265 during the early Asian session on Thursday. The precious metal extends its downside after the US Federal Reserve (Fed) raises interest rates and signals another rate increase is likely this year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Financial Post",
        "title": "Fed policymakers rally around the ‘price stability flag’ in rate hike",
        "url": "https://urgent.news/2026/09/16/fed-policymakers-rally-around-the-price-stability-flag-in-rate-hike",
        "published": "2026-09-16T21:55:16.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "Interest rate hike a 'reassuring' sign Fed is acting independently, economist says",
        "url": "https://urgent.news/2026/09/16/interest-rate-hike-a-reassuring-sign-fed-is-acting-independently",
        "published": "2026-09-16T22:55:51.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) BOK pressed to further raise key rate to track Fed's latest hike",
        "url": "https://urgent.news/2026/09/17/lead-bok-pressed-to-further-raise-key-rate-to-track-feds-latest-hike",
        "published": "2026-09-17T00:20:12.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Financial authorities say Fed's rate hike to have limited market impact",
        "url": "https://urgent.news/2026/09/17/financial-authorities-say-feds-rate-hike-to-have-limited-market-impact",
        "published": "2026-09-17T01:32:03.000Z"
      },
      {
        "outlet": "Dawn Business",
        "title": "US Fed delivers first rate hike since 2023",
        "url": "https://urgent.news/2026/09/17/us-fed-delivers-first-rate-hike-since-2023",
        "published": "2026-09-17T02:04:58.000Z"
      }
    ]
  },
  "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."
}