--- title: "FOMC Week and what lies ahead | ProGoldTrader" description: "We’re looking at a current target range of 3.50%–3.75%. Markets have the odds of a 25 bp hike running around 85–90% after the hot August inflation numbers. That kind of pricing doesn’t leave much room for a dovish surprise." lang: en json-ld: | [ { "@context": "https://schema.org", "@graph": [ { "@type": "Organization", "@id": "https://progoldtrader.com/#organization", "name": "ProGoldTrader", "alternateName": "ProFuturesTrader LLC", "url": "https://progoldtrader.com/", "logo": "https://progoldtrader.com/favicon.svg", "description": "Independent precious metals education specializing in gold and silver futures, spot bullion, ETFs, and vaulted allocations.", "telephone": "+1-949-996-4611", "address": { "@type": "PostalAddress", "streetAddress": "841 Lea Landing Drive", "addressLocality": "Wilmington", "addressRegion": "NC", "postalCode": "28412", "addressCountry": "US" }, "founder": { "@id": "https://progoldtrader.com/drew-rathgeber#person" } }, { "@type": "FinancialService", "@id": "https://progoldtrader.com/#business", "name": "ProGoldTrader", "url": "https://progoldtrader.com/", "telephone": "+1-949-996-4611", "priceRange": "$$$", "address": { "@type": "PostalAddress", "streetAddress": "841 Lea Landing Drive", "addressLocality": "Wilmington", "addressRegion": "NC", "postalCode": "28412", "addressCountry": "US" }, "areaServed": "US", "serviceType": [ "Precious Metals Education", "Gold Futures Brokerage", "Silver Futures Brokerage" ] }, { "@type": "WebSite", "@id": "https://progoldtrader.com/#website", "url": "https://progoldtrader.com/", "name": "ProGoldTrader", "publisher": { "@id": "https://progoldtrader.com/#organization" }, "inLanguage": "en-US" } ] }, { "@context": "https://schema.org", "@type": "BlogPosting", "headline": "FOMC Week and what lies ahead", "description": "We’re looking at a current target range of 3.50%–3.75%. Markets have the odds of a 25 bp hike running around 85–90% after the hot August inflation numbers. That kind of pricing doesn’t leave much room for a dovish surprise.", "datePublished": "2026-09-14T07:07:04.478+00:00", "author": { "@type": "Person", "name": "Drew Rathgeber" }, "image": [ "https://xcjkbkqitykuhvkvjxkt.supabase.co/storage/v1/object/public/blog-images/covers/dacf77fd-597e-4947-bcf7-f87f3caa9551.jpg" ], "mainEntityOfPage": "https://progoldtrader.com/blog/fomc-week-and-what-lies-ahead", "publisher": { "@type": "Organization", "name": "ProGoldTrader", "logo": { "@type": "ImageObject", "url": "https://progoldtrader.com/og-image.jpg" } } } ] --- [ P ProGoldTrader Gold | Silver | Platinum | Palladium ](/) [About](/drew-rathgeber)[Experience](/experience)[Education](/education)[Trading Platform](/trading-platform)[Blog](/blog)[Contact](/contact) [1-888-776-6359](tel:18887766359)[Schedule a Call](/contact) [Back to blog](/blog)![FOMC Week and what lies ahead](https://xcjkbkqitykuhvkvjxkt.supabase.co/storage/v1/object/public/blog-images/covers/dacf77fd-597e-4947-bcf7-f87f3caa9551.jpg) # FOMC Week and what lies ahead Drew Rathgeber September 14, 2026 5 min read ## Article Precious metals are sitting in the crosshairs this week with the FOMC meeting kicking off Tuesday and the rate decision dropping Wednesday at 2 p.m. ET. We’re looking at a current target range of 3.50%–3.75%. Markets have the odds of a 25 bp hike running around 85–90% after the hot August inflation numbers. That kind of pricing doesn’t leave much room for a dovish surprise. Gold’s been hanging around $4,330–$4,350. Silver’s been more jumpy near $64. Both are dealing with the usual rate-hike headwinds: higher yields and a firmer dollar raise the opportunity cost of holding metal that pays nothing. If the Fed delivers the widely priced hike, or the statement and dots read hawkish, metals often face yield and dollar pressure in the session that follows. If the committee holds or the language is softer than markets expect, that pressure can ease. Neither path is a trade call — liquidity around the announcement can move prices either way. Focus on the statement, the updated projections, and the press conference rather than any single level. The real focus won’t just be the rate number. It’s the updated projections, the median dots for the rest of 2026, and whatever Warsh says in the press conference. Markets will parse every word for how serious the committee is about getting inflation back under control. Central bank buying still provides a floor under gold, and silver keeps its industrial demand. Those longer-term supports haven’t gone away. But this week is pure rate-path theater. Volatility around the announcement is almost guaranteed. Watch the statement, the dots, and the presser. Everything else is noise until then. Futures and options trading involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. This article is for education and market overview only. It is not investment advice and not a recommendation of any trade (no entries, stops, or targets). Price levels, if mentioned, are illustrative. * * * **_Risk Disclosure:_** _Some or all of this has been created with artificial intelligence with strict human oversight and approval._ ## Related articles [ ### Why Copper’s Industrial Demand Still Supports the Futures Case Copper is the pure industrial metal. Almost every ounce goes into real-world use—power lines, motors, wiring, transformers, and electronics. hat is why copper’s role in industrial demand matters for anyone comparing futures exposure — even when the short-term balance looks messy. ](/blog/why-coppers-industrial-demand-still-supports-the-futures-case)[ ### Why Silver’s Industrial Demand Still Matters for Futures Silver’s industrial side is the real reason the metal keeps a structural floor under the futures market. About 58% of global silver demand comes from industrial uses. That is not jewelry or coins. It is factories, power systems, and technology that need the metal every year. ](/blog/why-silvers-industrial-demand-still-matters-for-futures)[ ### Taxes: Why Section 1256 Contracts Often Beat Stocks, Options, Crypto, and More Futures contracts offer unique tax benefits under U.S. tax law, particularly for active traders. Regulated futures (and certain related instruments) qualify as Section 1256 contracts, providing a more favorable treatment than most other investments. This can lead to meaningful savings, especially for short-term or high-volume traders. ](/blog/taxes-why-section-1256-contracts-often-beat-stocks-options-crypto-and-more) [Browse all articles](/blog) P ProGoldTrader 949-996-4611 841 Lea Landing Drive, Wilmington NC 28412 [New Client Questionnaire](/admin/forms/new-client-questionnaire) © 2026 ProFuturesTrader LLC, dba: ProGoldTrader. All rights reserved. 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