{
  "id": 9671009,
  "title": "Gold heads for weekly decline as dollar firms, Fed rate outlook weighs",
  "url": "https://urgent.news/2026/09/25/gold-heads-for-weekly-decline-as-dollar-firms-fed-rate-outlook-weighs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T01:30:01.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-heads-weekly-decline-dollar-firms-fed-rate-outlook-weighs"
  },
  "original_language": "en",
  "account": "Gold prices dipped on Friday, signaling potential for a weekly decline, as the dollar strengthened and expectations of prolonged higher interest rates by the US Federal Reserve increased. Spot gold fell by 0.2% to $4,270.40 per ounce, marking a loss of over 2% for the week. Meanwhile, the dollar was on track for a weekly gain, making metals priced in greenbacks costlier for holders of other currencies. This development follows the Federal Reserve's decision to raise its benchmark interest rate by a quarter of a percentage point, with two Fed policymakers indicating further rate hikes may be necessary to curb inflation. Philadelphia Fed President Anna Paulson emphasized the priority of returning inflation to 2%, while also considering the impact on the labor market. New claims for US unemployment benefits were near a 57-year low, indicating a robust labor market despite ongoing challenges from the Middle East conflict. In other precious metals news, silver declined by 0.5% to $63.58, platinum remained steady at $1,749.61, and palladium dropped by 1.3% to $1,257.70.",
  "summary": "US gold futures edged 0.2% higher to US$4,304.80",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/9671009.png",
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Gold edges lower, set for weekly loss as oil fuels Fed hike bets",
        "url": "https://urgent.news/2026/09/25/gold-edges-lower-set-for-weekly-loss-as-oil-fuels-fed-hike-bets",
        "published": "2026-09-25T01:12:15.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Gold heads for weekly decline as dollar firms, Fed rate outlook weighs",
        "url": "https://urgent.news/2026/09/25/gold-heads-for-weekly-decline-as-dollar-firms-fed-rate-outlook-weighs-9678613",
        "published": "2026-09-25T02:04:05.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar set for weekly gains as yields surge, Fed bets build",
        "url": "https://urgent.news/2026/09/25/dollar-set-for-weekly-gains-as-yields-surge-fed-bets-build",
        "published": "2026-09-25T02:59:54.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Dollar set for weekly gains as yields surge, Fed bets build",
        "url": "https://urgent.news/2026/09/25/dollar-set-for-weekly-gains-as-yields-surge-fed-bets-build-9688080",
        "published": "2026-09-25T03:23:24.000Z"
      }
    ]
  },
  "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."
}