Geopolitics
Gold drifts lower as Fed hike bets and geopolitics lift USD ahead of Trump-Xi summit
World Gold brief based on reporting byFXStreet
Reported by FXStreet: “Gold drifts lower as Fed hike bets and geopolitics lift USD ahead of Trump-Xi summit”. Gold settled at $4,384 an ounce on September 21, 2026 — $140.95 per gram, -0.93% on the day.
Geopolitical risk can increase safe-haven demand, but gold's response also depends on the dollar, liquidity and rate expectations. The cross-asset reaction matters as much as the headline.
- safe-haven demand
- US dollar
- oil and inflation
- market volatility
- duration of the event
- dollar reaction
- yield changes
Methodology and transparency
This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.