Gold drops to three-day low, eyes $4,300 as hawkish Fed and Iran risks underpin USD

Gold (XAU/USD) turns lower for the second consecutive day following a modest intraday uptick, dropping to the $4,315 region, or a three-day low heading into the European session on Tuesday.

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-22
• geopolitics
• rates
• gold_price_action

Topics: gold news, gold price impact, geopolitics, rates, gold_price_action