Gold prices remain resilient near $4,295 an ounce despite strong selling pressure from rising US bond yields hitting two-decade highs. This is driven by expectations of a Federal Reserve rate hike to combat persistent inflation and geopolitical tensions in the Middle East pushing oil prices higher. Commerzbank notes that gold's relative strength may reflect market hedging against a potential clash between the Fed and the Trump administration, which has pressured the Fed to cut rates. While higher rates typically weigh on gold, the bank expects limited downside this year, forecasting gold around $4,500 an ounce by year-end, supported by skepticism of the US dollar and concerns over sovereign debt risks.
Gold price dynamics amid US interest rate tensions provide context for Pluang's market snapshot as of Sep 16, 2026 00:21 WIB: out of 150 US stocks, 44 rose and 106 fell. Among notable movers, Opendoor Technologies Inc dropped 5.20% to USD 2.65, Sea Limited declined 4.73% to USD 103.53, and Carvana Co fell 4.62% to USD 67.59. This contrasts with gold's resilience near $4,295 an ounce despite rising US bond yields and geopolitical risks.
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The Del Valle ISD Education Foundation in Austin, Texas, received the F1 Allwyn Global Community Award and a €100,000 grant from Allwyn to fund its 'Fast Track' initiative. This program aims to support 12,000 students by providing scholarships, teach...
The Del Valle ISD Education Foundation in Austin received the F1® Allwyn Global Community Award, securing a €100,000 grant from Allwyn to fund its Fast Track program. This initiative supports 12,000 students in disadvantaged areas by providing STEM s...
