| Metric | Value |
| Price | $4,332.34 per troy ounce (spot gold, USD) |
| Daily change | −0.3% |
| Date | September 22, 2026, 13:25 UTC |
| Main driver | Expectations of prolonged US monetary tightening and a firmer dollar |
Gold Price Today: What Happened
Spot gold fell 0.3% to $4,332.34 per troy ounce at 13:25 UTC on September 22, according to Reuters. Markets strengthened their expectations that US interest rates would remain elevated as Federal Reserve officials emphasized the need to contain inflation. This report follows September 21’s documentation in the Gold Price Analysis archive.
Why Gold Fell
Reuters reported that expectations of further Federal Reserve tightening and recent strength in the US dollar weighed on bullion. A stronger dollar tends to make gold more expensive for buyers using other currencies.
Higher interest rates also increase the relative appeal of yield-bearing assets over non-yielding gold. Although oil prices fell to a two-week low, markets continued to focus on inflation and the prospect of restrictive monetary policy. See Gold Essentials for background on these relationships.
What to Watch Next
Federal Reserve communication, the dollar and energy prices remain central. Firmer inflation signals could reinforce expectations of higher rates, while softer price pressure or a weaker dollar could reduce some of the pressure on gold.
FAQ
Why did gold fall on September 22?
Expectations of prolonged US monetary tightening and a firmer dollar weighed on gold.
What was the gold price on September 22?
Spot gold was $4,332.34 per troy ounce at 13:25 UTC, down 0.3% on the day.
What could move gold next?
Federal Reserve signals, the dollar, inflation expectations and changes in energy prices.
Dhbna documents the gold path by connecting dated prices with attributable events. Learn about Dhbna or contact us.
Disclaimer
For documentation and information only, not investment advice. The price is an intraday reference, not a closing level. Privacy policy.