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Global Economy · Tuesday, September 15, 2026 · 3 sources

Gold slides as oil surge fuels Fed rate hike bets

Gold fell to around €3,970/oz ($4,316) as rising crude prices from Middle East disruptions reinforced expectations the US Federal Reserve will raise interest rates this week. Higher borrowing costs typically weigh on non-yielding bullion, per Bloomberg and Nasdaq.

Bottom line — Traders now price a 90%+ chance of a 25-basis-point Fed rate hike on September 15-16, per CME FedWatch.

Go deeper (5)

  • Gold traded around $4,300/oz (€3,956) after falling over 1% to a five-week low, per Bloomberg.
  • Saudi Arabia shut its 1,200 km East-West pipeline due to Houthi attacks, per Nasdaq.
  • WTI crude rose above $101/barrel (€93) on supply disruption fears, per Nasdaq.
  • Goldman Sachs and HSBC analysts expect a 25-basis-point rate hike, per Nasdaq.
  • Core CPI rose 0.3% in August, above market expectations of 0.2%, per Nasdaq.

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dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

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Last generated: Sep 15, 11:30 AM UTC by wreetco wreetco

dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

Links · Contact
Popular topics · WorldEuropeGamesAI
Last generated: Sep 15, 11:30 AM UTC by wreetco wreetco