India, Sept. 17 -- Gold Rate USA, September 16, 2026: US gold prices closed Friday, September 16, with slight downward pressure due to analysis of the interest-rate hike by the Fed, its first rate increase since 2023. Comex spot gold was at approximately $4,293 per troy ounce, down about $9 compared to the last closing price, but still significantly higher than one year before.

The US Federal Reserve increased its target for the federal funds rate by 25 basis points to a range of 3.75%-4%, unanimously voting 12-0 and it explained that this decision would help it reach the 2% inflation goal sooner.

Gold Rate in the USA on September 16

For physical-gold calculations based on the quoted spot price, the approximate rates were:

These are i...