{"id":18964,"date":"2026-09-15T14:51:59","date_gmt":"2026-09-15T11:51:59","guid":{"rendered":"https:\/\/novitera.lt\/?post_type=izvalgos&#038;p=18964"},"modified":"2026-09-15T14:58:13","modified_gmt":"2026-09-15T11:58:13","slug":"market-overview-09-09-2026-to-15-09-2026","status":"publish","type":"izvalgos","link":"https:\/\/novitera.lt\/en\/insights\/market-overview-09-09-2026-to-15-09-2026\/","title":{"rendered":"Market Overview 09-09-2026 to 15-09-2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">September 15, 2026<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Overview 09-09-2026 to 15-09-2026<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Precious Metals Market \u2013 A Broad Sell-Off<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last week, the major precious metals markets recorded a uniform decline in prices. This result was mainly driven by the world&#8217;s major central banks increasingly leaning towards keeping interest rates higher for longer. The prolonged crisis in the Middle East may alter monetary policy decisions in the US, Europe and other major markets for a longer period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Between September 9 and September 15, the global gold price fell by more than 2.8% and reached USD 4,273 per troy ounce.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"872\" height=\"667\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140407.png\" alt=\"\" class=\"wp-image-18966\" style=\"width:500px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140407.png 872w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140407-300x229.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140407-767x587.png 767w\" sizes=\"auto, (max-width: 872px) 100vw, 872px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">The US-Iran war and its consequences for central bank interest rate policies are contributing significantly to the decline in gold prices. Amid new escalations in the Middle East conflict, disrupted shipping in the Strait of Hormuz and the <a href=\"https:\/\/www.aljazeera.com\/news\/2026\/9\/14\/us-says-its-clearing-hormuz-traffic-why-are-oil-futures-beyond-100\" target=\"_blank\" rel=\"noopener\">shutdown<\/a> of a Saudi Arabian oil pipeline, global markets are witnessing a <a href=\"https:\/\/tradingeconomics.com\/commodity\/brent-crude-oil\" target=\"_blank\" rel=\"noopener\">record surge in oil prices<\/a>. Disruptions to oil and gas supply chains are contributing to higher inflation in the <a href=\"https:\/\/tradingeconomics.com\/euro-area\/inflation-cpi\" target=\"_blank\" rel=\"noopener\">euro area<\/a>, the <a href=\"https:\/\/tradingeconomics.com\/united-states\/inflation-cpi\" target=\"_blank\" rel=\"noopener\">US<\/a> and other developed markets, while also reshaping central banks&#8217; monetary policy plans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the European Central Bank having already <a href=\"https:\/\/www.euronews.com\/business\/2026\/09\/10\/ecb-hikes-rates-to-25-as-energy-shock-pushes-eurozone-inflation-higher\" target=\"_blank\" rel=\"noopener\">raised interest rates<\/a> for the second time this year, similar decisions are expected in the near future from the <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/boj-raise-rates-125-this-month-reach-175-faster-than-expected-2026-09-09\/\" target=\"_blank\" rel=\"noopener\">Bank of Japan<\/a>. Meanwhile, according to the latest market data, the probability that the Fed will raise US interest rates at its September 16 meeting has reached <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\">94%<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the US decides to shift towards a strategy of raising interest rates, this decision would increase the yields and market demand for US government securities while reducing the attractiveness of US dollar-denominated precious metals (gold, silver, etc.) to holders of foreign currencies. Taking these factors into account, the temporary decline in gold prices appears to be a natural market reaction rather than a panic-driven sell-off.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global silver price fell by more than 6.9% between September 9 and September 15 and reached USD 62.60 per troy ounce.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"895\" height=\"666\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140422.png\" alt=\"\" class=\"wp-image-18971\" style=\"width:533px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140422.png 895w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140422-300x223.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140422-767x571.png 767w\" sizes=\"auto, (max-width: 895px) 100vw, 895px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">The palladium price fell by more than 6% over the same period and reached USD 1,274 per troy ounce.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"887\" height=\"667\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140439.png\" alt=\"\" class=\"wp-image-18976\" style=\"width:528px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140439.png 887w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140439-300x226.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140439-767x577.png 767w\" sizes=\"auto, (max-width: 887px) 100vw, 887px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Between September 9 and September 15, the global platinum price fell by more than 8% and reached USD 1,745 per troy ounce.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"862\" height=\"677\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140456.png\" alt=\"\" class=\"wp-image-18981\" style=\"width:539px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140456.png 862w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140456-768x603.png 768w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140456-300x236.png 300w\" sizes=\"auto, (max-width: 862px) 100vw, 862px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The significant decline in platinum was driven not only by the prolonged US-Iran crisis and changes in the interest rate environment, but also by changing supply and demand forecasts for the metal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following a revision of its 2026 forecast by the World Platinum Investment Council (WPIC), total demand for the precious metal is expected to fall by <a href=\"https:\/\/platinuminvestment.com\/news\" target=\"_blank\" rel=\"noopener\">18%<\/a> this year (to 7.09 million troy ounces). The forecast for the metal&#8217;s supply-demand balance has changed even more significantly. The previously forecast deficit of 297,000 troy ounces has been replaced by a surplus of 265,000 ounces. If the forecast materialises, this would mark the first year of surplus platinum supply since 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global copper price fell by more than 6% between September 9 and September 15 and reached USD 13,928 per tonne.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"920\" height=\"672\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140519.png\" alt=\"\" class=\"wp-image-18986\" style=\"width:559px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140519.png 920w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140519-300x219.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-15-140519-767x560.png 767w\" sizes=\"auto, (max-width: 920px) 100vw, 920px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"featured_media":18930,"template":"","izvalgos_categories":[46],"class_list":["post-18964","izvalgos","type-izvalgos","status-publish","has-post-thumbnail","hentry","izvalgos_categories-market-reviews"],"acf":[],"_links":{"self":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos\/18964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos"}],"about":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/types\/izvalgos"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media\/18930"}],"wp:attachment":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media?parent=18964"}],"wp:term":[{"taxonomy":"izvalgos_categories","embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos_categories?post=18964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}