--- title: "Gold Prices Decline Amid Inflation and Rate Hike Concerns" publication: "MediaBias News" url: "https://mediabias.news/business/gold-prices-decline-amid-inflation-and-rate-hike-concerns" api: "https://mediabias.news/api/v1/stories/gold-prices-decline-amid-inflation-and-rate-hike-concerns" markdown: "https://mediabias.news/business/gold-prices-decline-amid-inflation-and-rate-hike-concerns.md" audio: "https://mediabias.news/api/audio/gold-prices-decline-amid-inflation-and-rate-hike-concerns" category: "Business & Economy" area: "United States" published: "2026-09-28T08:25:30.316Z" source_reported: "2026-09-28T07:45:00.000Z" updated: "2026-09-28T08:25:30.316Z" trust_score: 64 critic_score: 85 hype_score: 18 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-09-28T09:30:12.214119+00:00" --- # Gold Prices Decline Amid Inflation and Rate Hike Concerns *Spot gold prices fell between 1.5% and 2.7% on Monday, with multiple reports linking the drop to rising oil prices and Federal Reserve interest rate expectations.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 64 of 100, higher is better. Trust 64: many independent outlets give specific prices and times, but no named persons are cited. - Craft 85 of 100, higher is better. Critic 85: explains causes, provides specific figures, clear narrative, but lacks quoted sources. - Hype 18 of 100, lower is better. Hype 18: language is factual with minimal sensationalism. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - Gold prices fell on Monday, with spot prices ranging from $4,171.85 to $4,223.95 per ounce. - The decline in gold prices was between 1.5% and 2.7%, according to various reports. - Multiple outlets attributed the price drop to rising oil prices and expectations of further Federal Reserve interest rate increases. - Silver, platinum, and palladium also saw price decreases. Gold prices fell on Monday, with spot transactions showing declines ranging from 1.5% to 2.7%. Spot gold prices were reported between $4,171.85 and $4,223.95 per ounce. The downward movement extended to other precious metals, with silver, platinum, and palladium also experiencing price drops. ## Disagreement on Specific Price and Percentage Decline SANA reported gold fell 1.5% to $4,223.95 per ounce at 01:17 GMT. Interfax reported gold fell almost 3% without providing a specific price. Other reports indicated spot gold prices ranged from $4,171.85 to $4,223.95 per ounce, reflecting declines between 1.5% and 2.7%. ## Omissions in coverage None of the right-rated digests mention the specific price of $4,223.95 per ounce reported by SANA. The left-rated report from SANA is the only one to provide specific figures for silver, platinum, and palladium prices. ## Who covered it Shares of the 8 covering outlets with a published leaning rating: - Left: 13% (1) - Centre: 24% (2) - Right: 63% (5) 12 of 20 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-28T09:30:12.214119+00:00. **Coverage watch:** developing. Checked 8 times; 0 checks found a material change. Most recently checked 2026-09-28T10:15:09.986Z. ## How the sides framed it ### Left - The left-rated report from SANA led with the specific price and percentage drop of gold, stating it fell 1.5% to $4,223.95 per ounce. It also detailed the declines in silver, platinum, and palladium, attributing the overall trend to rising oil prices and increased expectations of U.S. Federal Reserve interest rate hikes. ### Centre - The centre-rated reports from Portfolio and Hindustan Times focused on the decline in precious metals. Hindustan Times reported spot gold was down 2.7% at $4,171.85 per ounce, its lowest since early August, and that US gold futures fell 2.7% to $4,204.30. Portfolio's full report noted a more than 2% drop in gold prices following Donald Trump's words, linking it to rising oil prices and inflation concerns that strengthened expectations for further Fed rate hikes. ### Right - The right-rated reports from Interfax, vz.ru, The Hindu Business Line, and Times of India highlighted the significant drop in gold prices. Interfax stated the price fell by almost 3% due to the oil surge and expectations of a Fed rate increase. vz.ru reported gold falling below $4,200, reaching its lowest since August 5, 2026, with a 2.91% drop to $4,195.5 per ounce. The Hindu Business Line and Times of India also noted a drop of more than 2% on US rate-hike bets, with spot gold down 2.7% at $4,171.85 per ounce. **Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - veryLow: 1 - mixed: 6 - high: 1 - unknown: 12 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [Habertürk](https://haberturk.com/ekonomi/altin-fiyatlarinda-sert-dusus-3915569) — Sharp Drop in Gold Prices: Here Are the Reasons for the Decline. - [news-pravda.com](https://news-pravda.com/world/2026/09/28/2625714.html) — ️ Gold prices fell more than 2% amid forecasts of US interest rate hikes - [Interfax.ru](https://interfax.ru/business/1118860) — The Price of Gold Dropped by 3% Due to the Oil Surge and the Expectation of an Increase in the Fed's Rate - [IMLebanon](https://imlebanon.org/2026/09/28/gold-458) — Decline in Gold Prices - [vz.ru](https://vz.ru/news/2026/9/28/1456057.html) — The Price of Gold Has Fallen Below $4,200. - [Hindustan Times](https://hindustantimes.com/business/gold-drops-more-than-2-on-us-rate-hike-bets-101790577767958.html) — Gold drops more than 2% on US rate-hike bets - [MM News TV](https://mmnews.tv/gold-silver-and-platinum-slide-amid-inflation-and-rate-concerns) — Gold, Silver and Platinum Slide Amid Inflation and Rate Concerns - [Portfolio](https://portfolio.hu/uzlet/20260928/donald-trump-szavai-utan-lefordultak-a-nemesfemek-865596) — Precious Metals Fell After Donald Trump's Words - [coin-turk.com](https://coin-turk.com/altin-fed-sikilasmasi-beklentisiyle-4-200-dolarin-altina-indi) — Gold Fell Below $4,200 on Expectations of Federal Reserve Tightening. - [The Hindu Business Line](https://thehindubusinessline.com/markets/gold/gold-drops-more-than-2-on-us-rate-hike-bets/article71518649.ece) — Gold drops more than 2% on US rate-hike bets - [sofokleousin.gr](https://sofokleousin.gr/agores/o-xrysos-ypoxorei-ypo-to-varos-tou-petrelaiou-kai-ton-epitokion-t) — Gold Falls Under the Weight of Oil and Fed Interest Rates - [61saat.com](https://61saat.com/altinda-sert-dusus-piyasalar-iki-cepheden-baski-altinda) — Gold Experiences Sharp Decline! Markets Under Pressure From Two Fronts. - [haberglobal.com](https://haberglobal.com/ekonomi/altin-fiyatlari-haftaya-sert-dususle-basliyor-546164) — Gold Prices Are Starting the Week with a Sharp Decline! - [asriran.com](https://asriran.com/fa/news/1194665/%D8%B1%DB%8C%D8%B2%D8%B4-%D9%82%DB%8C%D9%85%D8%AA-%D8%B7%D9%84%D8%A7-%D8%AF%D8%B1-%D8%A8%D8%A7%D8%B2%D8%A7%D8%B1-%D8%AC%D9%87%D8%A7%D9%86%DB%8C) — Gold Price Falls in Global Market - [Unknown](https://alquds.co.uk/%D8%A7%D9%84%D8%B0%D9%87%D8%A8-%D9%8A%D9%86%D8%AE%D9%81%D8%B6-%D8%A8%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-1-%D9%85%D8%AA%D8%A3%D8%AB%D8%B1%D8%A7-%D8%A8%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA-%D8%B1%D9%81) — Gold Falls More than 1% Amid Expectations of a US Interest Rate Hike - [economymiddleeast.com](https://economymiddleeast.com/news/gold-prices-fall-below-4200-as-oil-rally-fuels-inflation-concerns-fed-rate-hike-bets) — Gold prices fall below $4,200 as oil rally fuels inflation concerns, Fed rate hike bets - [SANA](https://sana.sy/economy/2591608) — Gold Drops 1.5% as American Interest Is Projected to Rise. - [Times of India](https://timesofindia.indiatimes.com/business/india-business/gold-silver-rate-today-live-updates-18k-22-carat-24k-gold-price-10g-silver-cost-per-kg-mcx-comex-etf-stock-precious-metal-gold-prediction-city-wise-cost-latest-gold-news/articleshow/134531484.cms) — Gold, Silver rate today live updates: Gold drops more than 2 % as oil surge boosts US rate hike bets - [Action Forex](https://actionforex.com/action-insight/market-overview/655566-golds-rate-problem-turns-technical-as-4230-fibonacci-support-gives-way) — Gold’s Rate Problem Turns Technical as 4,230 Fibonacci Support Gives Way - ActionForex - [BizToc](https://biztoc.com/x/00e2f545b75b0027) — Gold Falls on Expectations of Higher for Longer Fed Rates ## Questions **How much did gold prices fall on Monday?** Gold prices fell between 1.5% and 2.7% on Monday. Spot prices were reported between $4,171.85 and $4,223.95 per ounce, with some reports indicating a drop of almost 3%. **What caused the decline in gold prices?** Multiple reports linked the decline in gold prices to rising oil prices and increased expectations of further interest rate hikes by the U.S. Federal Reserve. These factors fueled inflation concerns, putting downward pressure on the precious metal. **Did other precious metals also decline?** Yes, the decline extended to other precious metals. Reports indicate that silver, platinum, and palladium also experienced price drops on Monday. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/gold-prices-decline-amid-inflation-and-rate-hike-concerns. Please cite as: MediaBias News, "Gold Prices Decline Amid Inflation and Rate Hike Concerns", https://mediabias.news/business/gold-prices-decline-amid-inflation-and-rate-hike-concerns