Gold Ends Three-Day Rally as Dollar Climbs on Rate Hike Expectations

Gold prices declined on Monday, September 21, 2026, ending a three-day winning streak as a stronger U.S. dollar and profit-taking pressured the metal. The dollar's advance, driven by mounting bets on further interest rate hikes, made dollar-denominated gold more expensive for holders of other currencies and dampened demand. Investors booked gains after gold's recent rally, with the pullback reflecting broader caution ahead of anticipated monetary policy tightening.