Gold Slips Toward $4,300 as Fed Rate Hike Bets Firm

Gold prices declined toward $4,300 an ounce on Tuesday, September 22, 2026, as markets priced in expectations for further Federal Reserve interest rate increases. The pullback reflects pressure on non-yielding bullion from rising rate expectations, which typically lift the dollar and Treasury yields, raising the opportunity cost of holding gold. Market participants are monitoring upcoming Fed signals for confirmation of the policy path. Further guidance on the pace of tightening remains a key driver for precious metals in the near term.