BusinessAI imageGold Drops to $4,262 After Hawkish Fed Rate Hike
Gold prices fell sharply, hitting an intraday low of $4,262 following a hawkish rate hike by the Federal Reserve. After the Federal Open Market Committee's two-day meeting concluded on September 16, 2026, gold pared most of its earlier gains and is currently trading at $4,338. The rate hike triggered a technical breakdown in gold prices.
Econotimes·


