Gold prices retreat as traders watch US-China summit

Spot gold fell Wednesday amid pressure from expected Federal Reserve rate hikes.

Marcus Vance

Markets Reporter

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Stands on 6 placed sources from 2 publishers and 1 first-party instrument reading.

As of 2026-09-25 03:03 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

Global spot gold traded at $4282.8 per ounce at 10:30 on September 24, down $74.2 from the prior session close. ^[4]