Spot gold prices rose 0.8% to $4,328.39 on Sept. 16, 2026, as traders positioned ahead of the U.S. Federal Reserve's upcoming interest-rate decision, according to CNBC.
The move came amid mixed readings across markets. While some traders saw gold bid higher on safe-haven demand, Reuters noted that gold prices were relatively muted as investors waited to see how the central bank would adjust monetary policy.
Oil prices also eased during the session, adding to a broader shift in commodity-market dynamics as participants weighed the potential impact of a Fed rate pivot on risk assets and safe havens alike.
