Gold falls to $4,322 as oil surge stokes inflation fears

PSX Update • Sep 14, 2026

Gold prices retreated on Monday as a sharp rally in oil markets intensified inflation worries, strengthening the case for the US Federal Reserve to lift interest rates at this week's policy meeting.

September 14, 2026 (MLN): Gold prices retreated on Monday as a sharp rally in oil markets intensified inflation worries, strengthening the case for the US Federal Reserve to lift interest rates at this week's policy meeting. Currently, spot gold is down 0.61% to $4,321.59 an ounce as of [11:58 am] PST, according to data reported by Mettis Global. The pullback followed last week's release of US consumer price data, w...