Gold climbs over 2% as US Dollar trims post-Fed gains

Gold (XAU/USD) rebounds on Thursday as the US Dollar (USD) trims some of the gains driven by the Federal Reserve’s (Fed) hawkish monetary policy announcement. A cooldown in the Oil rally also pulls US Treasury yields away from their recent highs, lending additional support to the precious metal.

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-17
• rates

Topics: gold news, gold price impact, rates