Gold struggles below $4,350 as hawkish Fed offsets sliding bond yields, softer USD

Gold (XAU/USD) attracts some sellers following a modest Asian session uptick on Tuesday and slides below $4,350 in the last hour, though the downside seems limited. The US Federal Reserve's (Fed) hawkish outlook is seen as a key factor undermining the non-yielding yellow metal.

Gold impact rationale

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

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

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