---
title: "Gold prices fall over 1% amid rising oil prices and rate hike expectations"
description: "Most outlets reported that gold prices fell over 1% due to rising oil prices and expectations of higher interest rates. Business Recorder emphasized the broader context of inflation concerns and the upcoming Federal Reserve meeting, while Profit highlighted the specific price drop and the 87% probability of a December rate hike."
url: https://harzaviya.com/stories/15881-gold-falls-over-1-as-rising-oil-prices-fuel-us-interest-rate
site: HarZaviya
language: en
---

# Gold prices fall over 1% amid rising oil prices and rate hike expectations

business · updated 22 Oct 2026, 1:30 PM PKT · 22 Oct 2026 · 2 articles from 2 outlets

**HarZaviya summary** — how 2 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets reported that gold prices fell over 1% due to rising oil prices and expectations of higher interest rates. Business Recorder emphasized the broader context of inflation concerns and the upcoming Federal Reserve meeting, while Profit highlighted the specific price drop and the 87% probability of a December rate hike.

## Same story from 2 outlets

Each outlet's own headline, most recent first — read any at its source.

- **Profit** — [Gold falls over 1% as rising oil prices fuel US interest rate hike expectations](https://profit.pakistantoday.com.pk/2026/10/22/gold-falls-over-1percent-as-rising-oil-prices-fuel-us-interest-rate-hike-expectations) · 22 Oct 2026, 1:30 PM PKT
  > Spot gold drops to $4,095.75 per ounce, lowest since October 7, as traders price in 87% chance of Federal Reserve rate hike in December
- **Business Recorder** — [Gold drops over 1% as oil rally reinforces higher-for-longer rate outlook](https://www.brecorder.com/news/40445422/gold-drops-over-1-as-oil-rally-reinforces-higher-for-longer-rate-outlook) · 22 Oct 2026, 11:20 AM PKT · 82% identical wording to the newest filing
  > Gold fell more than 1% on Thursday as rising oil prices stoked inflation concerns and reinforced expectations that interest rates could stay higher for longer, while investors awaited next week’s Federal Reserve meeting for clues on the policy outlook. Spot gold slid 1.1% to $4,094.90 per ounce by 0333 GMT, hitting its lowest since October 14. US gold futures for December delivery dropped 0.9% ...

## 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 prices fall amid expectations of US rate hikes](https://harzaviya.com/stories/11104-gold-hits-eight-week-low-at-4-179-as-prices-fall-2-7) · 29 Sep 2026 · 2 outlets · 2 developments · 86% related
- [Gold prices rebound after hitting one-week low amid shifting dollar and Fed rate expectations](https://harzaviya.com/stories/14536-gold-rebounds-from-one-week-low-as-dollar-weakens-fed-rate) · 15 Oct 2026 · 2 outlets · 85% related
- [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 · 85% 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 · 84% 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 · 84% related

2 articles from 2 outlets, 22 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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