Gold Price Forecast September 2026: Gold Rebounds Above US$4,300 Before the Fed Decision - Mitrade

AI desk brief

Gold rebounded around 0.8% to roughly US$4,327/oz after hitting a one-month low, reclaiming the US$4,300 level as traders position for the Fed’s September decision. The piece frames the move as a relief rally into a market already pricing a 92.7% probability of a 25 bp hike, while elevated US Treasury yields — the 10-year briefly at 5.041% and the 30-year above 5.4% — remain the main headwind for bullion.

Near-term levels cited are US$4,400 on the upside, then US$4,500 and US$4,600 if momentum extends; downside support is US$4,250, US$4,200 and US$4,150 if US$4,300 fails. The article argues the post-meeting statement and guidance may matter more than the hike itself, implying a volatility window for XAU/USD around the Fed event.