Back to news
17 Aug 2026 · 14:28 GMT+3

Gold strengthens above $4,400 as Fed rate-hike expectations fade

Gold (XAU/USD) extends its intraday advance on Monday, supported by fading expectations that the Federal Reserve (Fed) will raise interest rates at its September meeting, while the US Dollar (USD) remains on the back foot. At the time of writing, XAU/USD trades around $4,425, up 1.11% on the day.

Trading involves risk. The information above is for reference only and does not constitute investment advice.