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Gold Above $4,300 Supports the South African Rand Before Fed Meeting

Prices holding above $4,300 an ounce are providing support to the rand as investors await the Federal Reserve's policy decision.

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David Chen · Commodities Desk · 17 Sept 2026 · 05:27 · 1 min read
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Gold Above $4,300 Supports the South African Rand Before Fed Meeting

Gold prices traded above $4,300 per ounce, offering support to the South African rand ahead of the upcoming Federal Reserve meeting.

Gold / US Dollar

XAUUSD
Full profile →
4308.0035▲ 1.03%
As of 16/09/2026, 21:00:00

Reuters reported the rand remained steady as gold firming provided a boost to the commodity-linked currency. Investors were awaiting the central bank's policy decision.

Further details on the rand's trading range and the Fed meeting timeline were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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