--- title: "Gold prices fall amid expectations of US rate hikes" description: "Most outlets reported a significant drop in gold prices, attributing the decline to rising oil prices and expectations of further Federal Reserve interest rate hikes. While both excerpts highlight the price drop and the same underlying economic factors, the Business Recorder cited a 1.5% decline to $4,223.95 per ounce, and Aaj News (English) reported a 2.7% drop to $4,171.85 per ounce, noting it as an eight-week low." url: https://harzaviya.com/stories/11104-gold-hits-eight-week-low-at-4-179-as-prices-fall-2-7 site: HarZaviya language: en --- # Gold prices fall amid expectations of US rate hikes business · updated 29 Sep 2026, 8:16 AM PKT · 28–29 Sep 2026 · 3 articles from 2 outlets over 2 developments **HarZaviya summary** — how 2 outlets covered this, generated automatically from their headlines and excerpts: > Most outlets reported a significant drop in gold prices, with Business Recorder noting a 1.5% decline and Aaj News (English) highlighting a 2.7% fall. Both attributed the decline to rising oil prices and expectations of further Federal Reserve rate hikes. The framing differed slightly in the magnitude of the price drop and the specific figures cited. ## How it developed Newest development first. Each carries its own coverage and, where we have one, our summary of it. ### 29 Sep 2026 — Gold lingers near seven-week low ahead of US economic data (1 outlet) - **Business Recorder** — [Gold lingers near seven-week low ahead of US economic data](https://www.brecorder.com/news/40441740/gold-lingers-near-seven-week-low-ahead-of-us-economic-data) · 29 Sep 2026, 8:16 AM PKT > Gold steadied on Tuesday but hovered at a more than ‌seven-week low on concerns that the Federal Reserve may keep interest rates higher for longer, while investors awaited a slew of US economic data. Spot gold was little changed at $4,124.57 per ounce, as ​of 0140 GMT, after hitting its lowest level since August 5 in ​the previous session. US gold futures fell 0.3% to $4,156.70. Geopolitical de... ### 28 Sep 2026 — Gold prices fall amid expectations of US rate hikes (2 outlets) > Most outlets reported a significant drop in gold prices, attributing the decline to rising oil prices and expectations of further Federal Reserve interest rate hikes. While both excerpts highlight the price drop and the same underlying economic factors, the Business Recorder cited a 1.5% decline to $4,223.95 per ounce, and Aaj News (English) reported a 2.7% drop to $4,171.85 per ounce, noting it as an eight-week low. - **Aaj News (English)** — [Gold hits eight-week low at $4,179 as prices fall 2.7%](https://english.aaj.tv/news/330474330/gold-hits-eight-week-low-at-4179-as-prices-fall-27) · 28 Sep 2026, 1:47 PM PKT > Gold prices fell more than 2% on ​Monday as a rise in oil prices heightened inflation concerns and reinforced ‌expectations of further Federal Reserve interest-rate hikes. Spot gold was down 2.7% at $4,171.85 per ounce, as of 0627 GMT, hitting its lowest since early August. US gold futures fell 2.7% to $4,204.30. During the intraday trade, the precious metal fell below $4,200 to a low of $4,179... - **Business Recorder** — [Gold drops more than 1% on US rate-hike bets](https://www.brecorder.com/news/40441547/gold-drops-more-than-1-on-us-rate-hike-bets) · 28 Sep 2026, 7:59 AM PKT · 86% identical wording to the newest filing > Gold prices ​fell more than 1% on Monday as a rise in oil ‌prices heightened inflation concerns and reinforced expectations of further Federal Reserve interest rate hikes. Spot gold was down 1.5% at $4,223.95 per ounce, as of 0117 GMT. US gold futures fell 1.5% to $4,257.90. “The high ​bond yields and high oil price tandem continues to act as a ​thorn in gold’s side. Oil prices have risen on mi... ## Part of a bigger story Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology). - [Gold rebounds toward 10-week high as markets await US inflation data](https://harzaviya.com/stories/2898-gold-rebounds-towards-10-week-high-as-markets-brace-for-us) · 15 Aug 2026 · 3 outlets · 5 developments · 91% related - [Gold prices fluctuate amid focus on US inflation data](https://harzaviya.com/stories/14015-gold-ticks-up-as-oil-eases-spotlight-on-us-inflation-data) · 13 Oct 2026 · 2 outlets · 2 developments · 88% related - [Gold prices rise on weaker dollar, US inflation data awaited](https://harzaviya.com/stories/7625-gold-edges-higher-on-weaker-dollar-us-inflation-data) · 10 Sep 2026 · 3 outlets · 2 developments · 87% related - [Gold prices fall over 1% amid rising oil prices and rate hike expectations](https://harzaviya.com/stories/15881-gold-falls-over-1-as-rising-oil-prices-fuel-us-interest-rate) · 22 Oct 2026 · 2 outlets · 86% related - [Gold heads for steep weekly loss as oil prices fuel Fed rate concerns](https://harzaviya.com/stories/16162-gold-heads-for-steepest-weekly-loss-in-four-months-as-oil) · 23 Oct 2026 · 2 outlets · 86% related 3 articles from 2 outlets, 28–29 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. --- HarZaviya compares how Pakistani outlets cover the same story. It stores and shows each outlet's headline and a short excerpt, and links out — it never copies article text, and every headline belongs to the outlet that wrote it. It takes no stance on any outlet. Pages: [Top stories](https://harzaviya.com/) · [Latest headlines](https://harzaviya.com/feed) · [Archive](https://harzaviya.com/archive) · [Why](https://harzaviya.com/why) · [Sources](https://harzaviya.com/sources) · [Methodology](https://harzaviya.com/methodology) · [About](https://harzaviya.com/about) · [About the bot](https://harzaviya.com/about-bot) Trackers: [Gold prices](https://harzaviya.com/gold-prices) · [Fuel prices](https://harzaviya.com/fuel-prices) · [Stock exchange](https://harzaviya.com/stock-exchange) Any page on this site is available as markdown: send `Accept: text/markdown`, or add `.md` to the path.