Gold Price Forecast: XAU/USD gains as oil rally eases, upside seems limited amid hawkish Fed bets

Published Sep 17, 2026 6:30 AM Last updated Sep 17, 2026 7:01 AM Source: EODHD Event Time: Sep 17, 2026 6:30 AM

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This market news item includes source data powered by EODHD.

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Gold Price Forecast: XAU/USD gains as oil rally eases, upside seems limited amid hawkish Fed bets

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-gains-as-oil-rally-eases-upside-seems-limited-amid-hawkish-fed-bets-202609171030
Published: Sep 17, 2026 6:30 AM

Gold price (USD) is up 1.15% to near $4,320 during the European trading session on Thursday. The precious metal gains as rally in oil prices cool down after Saudi Arabia mulls alternatives to ship energy products.

Market context: This update is relevant to gold traders, with XAUUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.

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