Gold price today, Wednesday, September 16, 2026: Gold holds in the $4,300 range, awaiting the Fed's decision - Yahoo Finance

Gold price today, Wednesday, September 16, 2026: Gold holds in the $4,300 range, awaiting the Fed's decision - Yahoo Finance

Source: Yahoo Finance

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DW NOTE

Gold is down 17.5% from its January high despite the Strait of Hormuz being effectively closed for six months and the IEA projecting a 6% cut to global oil supply. The Fed is about to raise rates into a supply shock. That's not monetary prudence, that's choosing recession over admitting the inflation isn't demand-driven.

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