Gold slides below $4,350 as USD strengthens amid Fed hike bets and Iran risks

Gold (XAU/USD) attracts fresh sellers on the first day of a new week following Friday's rejection near the $4,400 mark. The commodity slides below $4,350 heading into the European session and, for now, seems to have stalled a two-day-old recovery move from a six-week low touched last Wednesday.

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-21
• geopolitics
• rates
• gold_price_action

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