{"id":19197,"date":"2026-09-29T14:52:26","date_gmt":"2026-09-29T11:52:26","guid":{"rendered":"https:\/\/novitera.lt\/?post_type=izvalgos&#038;p=19197"},"modified":"2026-09-29T14:57:51","modified_gmt":"2026-09-29T11:57:51","slug":"market-overview-23-09-2026-to-29-09-2026","status":"publish","type":"izvalgos","link":"https:\/\/novitera.lt\/en\/insights\/market-overview-23-09-2026-to-29-09-2026\/","title":{"rendered":"Market Overview 23-09-2026 to 29-09-2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">September 29, 2026<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Overview 23-09-2026 to 29-09-2026<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Precious Metals Market \u2013 Pressure on Current Prices<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last week, the major precious metals markets recorded price declines. These were driven by the Fed\u2019s increasingly aggressive interest rate policy, rising US Treasury yields and the strengthening dollar, as well as the deepening crisis in the Middle East.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global gold price fell by 3.4% between September 23 and September 29, reaching USD 4,140 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=\"787\" height=\"606\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143342.png\" alt=\"\" class=\"wp-image-19199\" style=\"width:500px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143342.png 787w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143342-300x231.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143342-768x591.png 768w\" sizes=\"auto, (max-width: 787px) 100vw, 787px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">At present, the weakening of both gold and other precious metals is primarily being driven by the Fed\u2019s interest rate policy. After the US central bank <a href=\"https:\/\/www.bbc.com\/news\/articles\/cw4gmlyvj422o\" target=\"_blank\" rel=\"noopener\">raised interest rates<\/a> by 25 basis points (0.25%) in mid-September, expectations that this policy will continue have been growing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the latest market investor data, the probability that the US will raise interest rates again by 0.25% as early as the end of October has recently reached <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\">72%<\/a>. The probability that, at its December meeting, the Fed will raise interest rates by 0.5% from their current level <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\">stands at 60%<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If US interest rates are indeed raised this aggressively, dollar-denominated precious metals (gold, silver, etc.) could become less attractive assets for holders of foreign currencies. The latest <a href=\"https:\/\/thehill.com\/business\/6107670-fed-governor-barr-rate-hike\/\" target=\"_blank\" rel=\"noopener\">statements by Fed officials<\/a>, persistently high <a href=\"https:\/\/tradingeconomics.com\/united-states\/inflation-cpi\" target=\"_blank\" rel=\"noopener\">US inflation<\/a>, and the exceptionally high number of new jobs created in the country <a href=\"https:\/\/www.reuters.com\/business\/us-nonfarm-payrolls-surge-august-unemployment-rate-steady-41-2026-09-04\/\" target=\"_blank\" rel=\"noopener\">in August<\/a> (162,000) all signal that interest rates could indeed rise more sharply.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global silver price fell by more than 5.6% between September 23 and September 29, reaching USD 60.79 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=\"777\" height=\"602\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143354.png\" alt=\"\" class=\"wp-image-19204\" style=\"width:533px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143354.png 777w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143354-300x232.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143354-768x595.png 768w\" sizes=\"auto, (max-width: 777px) 100vw, 777px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Like gold, the silver market was also affected by US interest rate policy. Following the Fed\u2019s interest rate hike, the dollar rose to a <a href=\"https:\/\/www.investing.com\/news\/forex-news\/asian-currencies-weaken-as-dollar-holds-near-twomonth-high-yen-slips-4919323\" target=\"_blank\" rel=\"noopener\">two-month high<\/a>, while US Treasury securities recorded a sharp rise in yields. The yield on 10-year US Treasury bonds rose to its highest level since mid-2007 and recently exceeded <a href=\"https:\/\/tradingeconomics.com\/united-states\/government-bond-yield?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">5.2%<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A strengthening dollar discourages some investment from holders of foreign currencies. Meanwhile, rising US Treasury yields create increasing competition for precious-metal assets that do not generate fixed income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global palladium price fell by 3.9% between September 23 and September 29, reaching USD 1,218 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=\"757\" height=\"586\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143413.png\" alt=\"\" class=\"wp-image-19209\" style=\"width:528px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143413.png 757w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143413-300x232.png 300w\" sizes=\"auto, (max-width: 757px) 100vw, 757px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The platinum price fell by more than 3.4% over the same period, reaching USD 1,692 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=\"777\" height=\"597\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143433.png\" alt=\"\" class=\"wp-image-19214\" style=\"width:539px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143433.png 777w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143433-300x231.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143433-768x590.png 768w\" sizes=\"auto, (max-width: 777px) 100vw, 777px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global copper price fell by more than 1.4% between September 23 and September 29, reaching USD 14,396 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=\"822\" height=\"597\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143446.png\" alt=\"\" class=\"wp-image-19219\" style=\"width:559px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143446.png 822w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143446-300x218.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2026\/09\/Ekrano-kopija-2026-09-29-143446-767x557.png 767w\" sizes=\"auto, (max-width: 822px) 100vw, 822px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"featured_media":19168,"template":"","izvalgos_categories":[46],"class_list":["post-19197","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\/19197","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\/19168"}],"wp:attachment":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media?parent=19197"}],"wp:term":[{"taxonomy":"izvalgos_categories","embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos_categories?post=19197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}