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Commodity · ▼ Bearish · 4 sources confirmed · 2026-09-28 11:07 UTC

Gold prices today, Monday, September 28, 2026: Gold prices slump as Iran tensions and oil prices rise

Why now

Thesis: Gold pressured as oil-driven inflation lifts yields

Catalyst to watch: Iran escalation or Fed commentary

Main risk: Safe-haven demand could reverse gold

Why it matters

Rising oil and Iran tensions lift inflation and rate-hike bets, pressuring gold via higher yields and a firmer dollar.

Related assets & topics

GoldOilBarrick Gold · GOLDGold (COMEX) · GC=F

Sources

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