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Gold prices stabilize despite Fed hikes, supported by structural demand and weaker link to real yields.

Market News
21 Sep 2026
Kitco
View Source
Neutral
Gold prices stabilize despite Fed hikes, supported by structural demand and weaker link to real yields.

Gold prices have stabilized after the recent Federal Reserve rate hike, with Standard Chartered noting a weakening link between gold and real interest rates. Despite potential volatility from higher U.S. rates and a stronger dollar, structural factors like official demand and concerns over de-dollarization support gold prices. The bank forecasts gold averaging $4,650 an ounce by year-end, up from around $4,350 in Q3. While short-term risks remain, including dollar strength, gold's longer-term drivers and investment inflows suggest a solid foundation for price gains ahead.

Gold prices are the subject, with Pluang market data providing context. As of Sep 21, 2026 21:03 WIB, 94 of 150 US stocks rose while 55 fell. Notable movers include INTC at USD 118.78 (+9.37%), AMD at USD 609.00 (+8.78%), and META at USD 711.24 (+6.92%).

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