Gold price today, Thursday, September 24, 2026: Gold prices fall as inflation concerns steadily mount - Yahoo Finance

AI desk brief

Gold futures opened at $4,324.40/oz on Sept. 24, then slipped to $4,293.20 by 7:04 a.m. ET as inflation fears, a stronger dollar, and Treasury yields at their highest since 2007 pressured the market. The piece frames the move as a macro-driven selloff tied to hawkish Fed commentary and higher energy prices, with U.S.-Iran tensions adding to the inflation/rates backdrop.

Year on year, gold is still up 13.9%, but that is the smallest gain in more than a year and well below the 95.6% rise seen on Jan. 29. The article also notes gold and oil have been moving inversely since the Iran war began, and expects that divergence to continue.