Gold edges lower as Fed hike bets and Middle East jitters underpin USD

Gold (XAU/USD) edges lower during the Asian session on Wednesday, reversing part of the previous day's modest recovery gains from the $4,100 neighborhood, or the lowest level since August 5, touched earlier this week.

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-30
• rates

Topics: gold news, gold price impact, rates