Gold ends lower despite late rally headlines
Spot gold finished at $4,272.25, down 0.40%, after a session range of $4,245.40 to $4,303.00.
Gold ended the 24 September session lower in the XAUTicker feed, with spot at $4,272.25 per troy ounce, down $17.31, or 0.40%, from the previous close of $4,289.56. The session ranged from $4,245.40 to $4,303.00. The late tone was mixed: Newsquawk reported a rally in stocks, bonds and gold as the dollar was sold, while earlier headlines from Kitco, IndexBox and others described pressure from rising Treasury yields, oil prices, rate expectations and a firmer dollar.
Continued from the morning edition of 24 September 2026. Prices below are frozen at publication — the live gold price has the current figure, and this guide covers what tends to move it.
Late headlines softened the tone
The latest market headline gave the evening a different emphasis from the earlier selloff. Newsquawk reported that crude tumbled, the dollar was sold, and stocks, bonds and gold rallied on reports that the US and Iran were discussing a phased deal to reopen the Strait of Hormuz and end a US blockade. That headline supports a late-session improvement in risk and metals sentiment, but the XAUTicker feed still showed gold ending the session lower overall. The price finished at $4,272.25 after trading as low as $4,245.40 and as high as $4,303.00.
Rates and the dollar stayed central
Earlier coverage kept the focus on interest rates, yields and the dollar. Kitco said gold slipped as rising oil prices and Treasury yields dented its appeal, while IndexBox reported that gold fell to $4,265 as oil, yields and Fed rate-hike odds pressured metals. Seeking Alpha said gold and silver faced significant declines as rates and the dollar surged. Moneycontrol.com, National Herald, Free Press Journal and outlookbusiness.com also linked weaker gold futures to a firm or stronger US dollar. Equiti.com reported that US yields reached multi-year highs as inflation pressures persisted.
- Gold And Silver Face Significant Declines As Rates And The Dollar Surge Seeking Alpha
- US yields reach multi-year highs; equities fall as inflation pressures persist equiti.com
- Gold Falls to $4,265, Silver Drops 1.34% as Oil, Yields and Fed Rate-Hike Odds Pressure Metals - News and Statistics IndexBox
- Gold futures extend losing streak to Rs 1.5 lakh per 10 gm as firm US dollar weighs on bullion Moneycontrol.com
- Gold slips as rising oil prices, Treasury yields dent appeal Kitco
- Gold futures fall for fourth session as stronger dollar weighs on prices National Herald
Fed headlines kept inflation in view
Several headlines reinforced the rate-pressure narrative. Reuters reported that Fed’s Williams said it was reasonable to see another US rate hike this year, and Reuters also reported that Fed’s Paulson said more rate hikes may be needed to quash inflation. Crypto Briefing said the Federal Reserve’s hawkish stance drove Treasury yields to levels not seen in two decades, and also reported that Fed’s Hammack warned of elevated inflation risks and hinted at possible 2026 rate hikes. Kitco said gold was under pressure as jobless claims remained below 200K, supporting further rate hikes.
- Fed's Williams says it is reasonable to see another US rate hike this year Reuters
- Fed's Paulson says more rate hikes may be needed to quash inflation Reuters
- Federal Reserve’s hawkish stance drives Treasury yields to levels not seen in two decades Crypto Briefing
- Fed’s Hammack warns of elevated inflation risks, hints at possible 2026 rate hikes Crypto Briefing
- Gold under pressure as jobless claims remain below 200K, supporting further rate hikes Kitco
Silver lagged gold
Silver underperformed gold in the XAUTicker feed, with spot silver at $63.72 per troy ounce, down 1.21%, and the gold-silver ratio at 67.1. USAGOLD described physical gold holding at $4,273 as silver slid to $63 and said the gold-silver ratio widened above 67. IndexBox also reported that silver dropped 1.34% as oil, yields and Fed rate-hike odds pressured metals. The Daily Jagran said gold dropped and silver fell, while Bhaskar English reported that gold and silver prices fell for a fourth straight day.
- Gold Falls to $4,265, Silver Drops 1.34% as Oil, Yields and Fed Rate-Hike Odds Pressure Metals - News and Statistics IndexBox
- Physical Gold Holds $4,273 as Silver Slides to $63; Gold-Silver Ratio Widens Above 67 usagold.com
- Gold Drops Over Rs 1,100, Silver Falls Rs 2,900: What’s Dragging Bullion Market The Daily Jagran
- Gold, silver prices fall for 4th straight day: Gold gets ₹2,500/10 gm cheaper; silver plunges ₹7,000/kg in ... Bhaskar English
What to watch
- Whether Treasury yields and rate-hike headlines remain the main driver for bullion.
- How the dollar trades after Newsquawk’s report of US-Iran talks.
- Whether oil headlines keep feeding inflation and rate expectations.
- Whether silver continues to lag gold and keep the ratio above 67.