{
  "id": 8178675,
  "title": "Gold edges higher on lower oil prices, subdued dollar",
  "url": "https://urgent.news/2026/09/18/gold-edges-higher-on-lower-oil-prices-subdued-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T05:12:06.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold/gold-edges-higher-on-lower-oil-prices-subdued-dollar/article71479406.ece"
  },
  "original_language": "en",
  "account": "Gold prices edged up by 0.3% to $4,355.05 per ounce as oil prices declined for the third consecutive day and the dollar remained relatively weak, according to the latest wire material. The Federal Reserve had increased interest rates on Wednesday and signaled more hikes in the coming months, while Goldman Sachs maintained its projection for gold prices by the end of 2027 at $5,400. Despite higher interest rates potentially curbing gold demand by boosting the appeal of yield-bearing assets, a weaker dollar could make greenback-priced commodities like gold less expensive for holders of other currencies, potentially benefiting gold prices. The Bank of Japan and the Bank of England had also raised interest rates recently, but both had warned about the possibility of further increases. Analyst Ahmad Assiri noted that the high-rates environment might limit near-term gains for gold, but if rising yields were driven by deteriorating fiscal confidence, war-related spending, or wider deficits, a weaker dollar could support gold prices. Silver and platinum also saw gains, with silver increasing by 1.1% to $65.91 and platinum rising by 1.4% to $1,793.15.",
  "summary": "Goldman Sachs kept its end-2027 gold price forecast at $5,400 despite the Fed rate increase",
  "key_points": [
    "Gold prices rose 0.3% to $4,355.05 per ounce",
    "Oil prices fell for third consecutive day",
    "Weaker dollar benefits gold prices for non-US holders"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Gold edges higher on lower oil prices, subdued dollar",
        "url": "https://urgent.news/2026/09/18/gold-edges-higher-on-lower-oil-prices-subdued-dollar-8182868",
        "published": "2026-09-18T05:35:02.000Z"
      }
    ]
  },
  "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."
}