Gold flat lines below $4,300 as Fed hike bets cap upside ahead of Trump-Xi meet

Gold (XAU/USD) is consolidating near a one-week low, touched during the Asian session on Thursday, as traders wait on the sidelines ahead of a crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping.

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-24
• rates

Topics: gold news, gold price impact, rates