Gold struggles near multi‑week low as Fed hike bets and geopolitical risks boost USD

Gold (XAU/USD) drifts lower for the second straight day – also marking the third day of a negative move – and trades around the $4,265-$4,264 region, down 0.80% during the first half of the European session on Tuesday.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-15
• rates

Topics: gold news, gold price impact, rates