Gold, Nifty and the oil-price risk after a Fed rate hike

Writing on September 17, 2026, a user said the Fed rate hike had not had much impact on gold or Nifty. They attributed that partly to a perception that the move would amount to one or two temporary hikes to bring inflation down—and expressed hope that this view would hold. But they warned that a breakout higher in crude oil prices could throw those calculations off.