Gold futures extend slide as dollar rises on hawkish Fed. 9/23/26

December Gold futures extended their recent slide, falling over 1% as the U.S. dollar gained ground for a fourth consecutive session. Traders continue to weigh hawkish commentary from Federal Reserve officials following the recent rate hike, pushing CME FedWatch Tool probabilities toward 50-50 for future policy moves. Strong Chinese demand continues to provide underlying support, with gold imports through August surpassing 1,000 tons. In industrial metals, December Copper futures pulled back 0.9% after a six-day rally near record levels, while Silver and Platinum futures also lost ground under pressure from the stronger dollar and shifting inflation expectations. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/metals.html #Gold #Copper #Commodities