Goldman Sachs has cut its forecast for the price of gold after the Federal Reserve raised interest rates, according to Investing.com. The report was published on Friday, September 18, 2026.
The revision from the U.S. investment bank followed the central bank's decision to lift rates, a move that typically weighs on gold because the metal pays no yield and becomes less attractive when interest-bearing assets offer higher returns. Investing.com did not disclose the specific forecast figures in its headline.
The lowered outlook comes as gold trades close to its lowest level in more than a month, according to a separate report cited in the same summary. Other outlets in the roundup offered a mixed picture of recent trading. Al Arabiya reported that gold jumped more than 1% at one point, attributing the gain to support from oil and the dollar. Asharq Al-Awsat said the metal rose on the back of falling oil prices and a weaker dollar, while sabq.org reported gold climbing for a second straight session to its highest level in a week.
The differing reports reflect choppy conditions for bullion, with the dollar and oil prices pulling the metal in opposite directions even as the Fed's rate decision shapes the broader outlook.
Investors will watch how gold responds to the Fed's policy path and to further moves in the dollar and oil markets in the sessions ahead.