Gold Comes Under Pressure. Forecast as of 25.09.2026

Rising Treasury yields and a stronger US dollar have dealt a severe blow to gold. For a long time, the precious metal held up amid strong physical demand, but it has now started to decline. Let’s discuss this topic and outline a trading plan for XAU/USD.Major Takeaways Gold is highly sensitive to forecasts for the Fed's interest rate. Plunging oil prices are not saving XAU/USD from a sharp decline. China's precious metal imports have already exceeded the 2025 total. Buying on dips remains