{
  "id": 8017852,
  "title": "Gold recovers after Fed-led sell-off, but hawkish outlook caps gains",
  "url": "https://urgent.news/2026/09/17/gold-recovers-after-fed-led-sell-off-but-hawkish-outlook-caps-gains",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T11:55:23.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-recovers-after-fed-led-sell-off-but-hawkish-outlook-caps-gains-202609171155"
  },
  "original_language": "en",
  "account": "Gold rebounded on Thursday after the US Dollar eased, following the Federal Reserve's (Fed) latest monetary policy announcement. The precious metal gained 1.60% for the day, trading at around $4,332. The Fed's interest rate hike, the first since 2023, was unanimously decided, raising the federal funds rate target range by 25 basis points to 3.75%-4.00%. Policymakers stated that inflation remains elevated and a rate increase should contribute to a more timely return to the 2% target. The hawkish tone from Fed Chairman Kevin Warsh, predicting multiple rate hikes, tempered the rally. While a higher US Dollar usually puts pressure on Gold, the current economic backdrop kept the recovery of the precious metal in check.",
  "summary": "Gold (XAU/USD) rebounds on Thursday as the US Dollar (USD) eases after climbing to a seven-week high as traders assess the Federal Reserve’s (Fed) latest monetary policy announcement.",
  "key_points": [
    "Gold recovers 1.60% after Fed-led sell-off",
    "US Dollar eases, easing pressure on precious metal",
    "Fed raises rates 25 basis points to 3.75%-4.00%"
  ],
  "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."
}