# Gold rebounds after Fed rate rise as banks back long-term demand outlook

https://mins.news/en/item/61895

- South China Morning Post, 2026-09-17 01:08 UTC
- Economy
- Original: https://www.scmp.com/business/commodities/article/3367788/gold-rebounds-after-fed-rate-rise-banks-back-long-term-demand-outlook?utm_source=rss_feed

> Gold prices recovered after the US Federal Reserve raised interest rates, with analysts and investment banks retaining a positive long-term view of the metal amid structural challenges facing the US economy. Spot gold was at US$4,288 an ounce in Asian trading on Thursday after falling as much as 2.7 per cent to US$4,234.

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