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Gold Hits Seven-Week Low as Rate-Hike Pressure Mounts

Gold drops to a seven-week low while silver loses nearly five percent, driven by elevated energy costs and expectations of Federal Reserve rate hikes.

3 publishers · 3 articles · first seen 28 Sept 2026 · updated 23m ago

First reported by Al Jazeera – Breaking News, World News and Video from Al Jazeera, 2h 27m ahead of the next publisher · who breaks stories first

Markets on this story

  • Polymarket Will Gold (GC) dip to (LOW) $3,000 by end of December? 5% +1 $3k 24hends 31 Dec 2026

    Does the market have this right?

    Wrong market?

  • Resolved Will Gold (XAUUSD) hit (LOW) $4,150 Week of September 28 2026? Yes 2h ago

    The market favoured No at 50% a day out, but Yes won. How often it's right

    Wrong market?

  • Kalshi 4,300 or above 46% −8 $2k 24hends 31 Dec 2026

    Does the market have this right?

    Wrong market?

How the odds moved · Will Gold (GC) dip to (LOW) $3,000 by end of December?
0%50%100%5%28 Sept, 06:12 UTCnowBloomberg Markets: Gold Trades Near Seven-Week Low as Rate-Hike Pressure Mounts · 29 Sept, 00:02 UTCAl Jazeera – Breaking News, World News and Video from Al Jazeera: Gold falls amid rising oil prices and higher US dollar · 28 Sept, 21:34 UTCTimes of India: Gold price prediction today: Gold under pressure, is it time to sell? Check outlook · 29 Sept, 07:29 UTC

Each tick is a source publishing on this story

Price data
TimeChance of yes
now5%
29 Sept, 06:12 UTC5%
28 Sept, 06:12 UTC4%

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How it unfolded

Every source in the order it published, with the odds on Will Gold (GC) dip to (LOW) $3,000 by end of December? at that moment. A dash means the source published before we started tracking prices.

  1. Al Jazeera – Breaking News, World News and Video from Al JazeeraGold falls amid rising oil prices and higher US dollar4%
  2. Bloomberg MarketsGold Trades Near Seven-Week Low as Rate-Hike Pressure Mounts4%
  3. Times of IndiaGold price prediction today: Gold under pressure, is it time to sell? Check outlook5%▲1 points since the previous source
  4. Current odds5%

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Gold Trades Near Seven-Week Low as Rate-Hike Pressure Mounts Bloomberg Markets ·
  2. Gold falls amid rising oil prices and higher US dollar Al Jazeera – Breaking News, World News and Video from Al Jazeera ·
  3. Gold price prediction today: Gold under pressure, is it time to sell? Check outlook Times of India

In this story

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