Gold price prediction today: Will gold continue bearish trend? Check September 16, 2026 outlook - timesofindia.indiatimes.com

AI desk brief

Gold sentiment is cautiously bearish into the FOMC, with spot testing $4,253 after a slide of more than 3% on the month and nearly 10% from August’s $4,696 high. The move is being driven by hot US PPI, Brent above $108/bbl, and the 10-year Treasury yield breaking 5% to 5.04%, which lifted real-yield and dollar headwinds; swaps are pricing a 92-95% chance of a 25bp hike.

Key levels cited for spot gold are support at $4,250 and $4,190, with resistance at $4,440 and $4,500. The one-week range is seen at $4,200-$4,450/oz, while a dovish surprise or relief in oil prices could still trigger a sharp rebound.