{"id":24244,"date":"2026-09-14T04:30:16","date_gmt":"2026-09-14T04:30:16","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=24244"},"modified":"2026-09-14T04:30:16","modified_gmt":"2026-09-14T04:30:16","slug":"daily-commentary-465","status":"publish","type":"post","link":"https:\/\/www.maxainasia.net\/ja\/daily-commentary-465-20260914\/","title":{"rendered":"FRB\u306e\u5229\u4e0b\u3052\u6c7a\u5b9a\u304cXAU\/USD\u306e\u6b21\u306a\u308b\u52d5\u304d\u3092\u5de6\u53f3\u3059\u308b"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>FRB\u306e\u91d1\u878d\u653f\u7b56\u30a6\u30a3\u30fc\u30af\u306e\u59cb\u307e\u308a\u306b\u3042\u305f\u308a\u3001\u91d1\u4fa1\u683c\u306f$4,330\u4ed8\u8fd1\u3067\u308f\u305a\u304b\u306b\u5024\u3092\u4e0b\u3052\u3066\u53d6\u5f15\u3055\u308c\u3066\u3044\u307e\u3059\u3002.<\/strong><\/li>\n<li><strong>FRB\u306f\u6c34\u66dc\u65e5\u306b\u5229\u4e0a\u3052\u3092\u884c\u3046\u3068\u306e\u898b\u65b9\u304c\u5f37\u307e\u3063\u3066\u3044\u308b\u3002.<\/strong><\/li>\n<li><strong>\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306f\u9ad8\u91d1\u5229\u3092\u53d7\u3051\u5165\u308c\u3064\u3064\u3042\u308b\u3088\u3046\u3060\u3002.<\/strong><\/li>\n<\/ul>\n<p>\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u91d1\u878d\u653f\u7b56\u30a6\u30a3\u30fc\u30af\u306e\u521d\u3081\u3001\u91d1\u4fa1\u683c\u306f$4,330\u4ed8\u8fd1\u3067\u8edf\u8abf\u306a\u52d5\u304d\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u5148\u9031\u306f\u30018\u6708\u306e\u7c73\u56fd\u306e\u5378\u58f2\u7269\u4fa1\u6307\u6570\uff08PPI\uff09\u304a\u3088\u3073\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff08CPI\uff09\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u9ad8\u6c34\u6e96\u3060\u3063\u305f\u3053\u3068\u304c\u767a\u8868\u3055\u308c\u305f\u5f8c\u3001FRB\u306e\u5229\u4e0b\u3052\u671f\u5f85\u304c\u5927\u304d\u304f\u5f71\u97ff\u3092\u53d7\u3051\u307e\u3057\u305f\u3002.<\/p>\n<p>\u5148\u9031\u3001\u7573\u3073\u3068\u3057\u3055\u3042\u3048\u3084\u3045\u308b\u5210\u6539\u9020\u8005\u7269\u4fa1\u6307\u6570\uff08PPI\uff09\u304a\u3088\u3073\u6d08\u6d88\u8005\u7269\u4fa1\u6307\u6570\uff08CPI\uff09\u306e8\u6708\u5206\u7672\u8868\u3092\u53d7\u3051\u3001\u7c73\u9023\u6838\uff08FRB\uff09\u306e\u5229\u3044\u4e0a\u6607\u671f\u5f85\u304c\u9ad8\u307e\u3063\u305f\u3002PPI\u306e\u7672\u8868\u306b\u3088\u308b\u3068\u3001\u7de2\u57fa\u7269\u4fa1\u4e0a\u6607\u7387\u306f7\u6708\u306e4.8%\u304b\u3089\u5e74\u6bd45.4%\u3078\u3068\u52a0\u901f\u3057\u305f\u3002.<\/p>\n<p>\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\u306b\u95a2\u3057\u3066\u306f\u3001\u7dcf\u5408\u30a4\u30f3\u30d5\u30ec\u7387\u3068\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u524d\u5e74\u540c\u6708\u6bd4\u306f\u3044\u305a\u308c\u3082\u4e88\u60f3\u901a\u308a\u3068\u306a\u3063\u305f\u304c\u3001\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u524d\u6708\u6bd4\u306f0.3%\u4e0a\u6607\u3057\u3001\u4e88\u60f3\u304a\u3088\u3073\u524d\u56de\u767a\u8868\u5024\u306e0.2%\u3092\u4e0a\u56de\u3063\u305f\u3002.<\/p>\n<p>CME\u306eFedWatch\u30c4\u30fc\u30eb\u306b\u3088\u308b\u3068\u3001\u6c34\u66dc\u65e5\u306e\u653f\u7b56\u4f1a\u5408\u3067FRB\u304c\u5229\u4e0a\u3052\u3092\u884c\u3046\u78ba\u7387\u306f\u3001\u7c73\u56fd\u306eCPI\u304a\u3088\u3073PPI\u30c7\u30fc\u30bf\u304c\u767a\u8868\u3055\u308c\u308b\u524d\u306e59.5%\u304b\u3089\u300186.5%\u306b\u4e0a\u6607\u3057\u305f\u3002.<\/p>\n<p>\u3053\u306e\u3088\u3046\u306a\u72b6\u6cc1\u306f\u3001\u5229\u4ed8\u8cc7\u7523\u306e\u5229\u56de\u308a\u3092\u62bc\u3057\u4e0a\u3052\u307e\u3059\u3002\u672c\u7a3f\u57f7\u7b46\u6642\u70b9\u3067\u3001\u7c73\u56fd10\u5e74\u7269\u56fd\u50b5\u5229\u56de\u308a\u306f4.99%\u3068\u3044\u3046\u65b0\u305f\u306a\u9ad8\u5024\u4ed8\u8fd1\u3067\u63a8\u79fb\u3057\u3066\u304a\u308a\u3001\u3053\u308c\u306f2023\u5e7411\u6708\u4ee5\u6765\u306e\u30ec\u30d9\u30eb\u3067\u3059\u3002\u7c73\u56fd\u50b5\u306e\u5229\u56de\u308a\u304c\u4e0a\u6607\u3059\u308b\u3068\u3001\u91d1\u306e\u3088\u3046\u306a\u5229\u5b50\u304c\u3064\u304b\u306a\u3044\u8cc7\u7523\u306e\u9b45\u529b\u306f\u8584\u308c\u307e\u3059\u3002.<\/p>\n<p>\u7c73\u7d19\u30d3\u30b8\u30cd\u30b9\u30fb\u30b9\u30bf\u30f3\u30c0\u30fc\u30c9\u306b\u3088\u308b\u3068\u3001\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306f\u9031\u672b\u3001\u30a2\u30a4\u30eb\u30e9\u30f3\u30c9\u30fb\u30aa\u30fc\u30d7\u30f3\u30fb\u30b4\u30eb\u30d5\u306e\u30c8\u30fc\u30ca\u30e1\u30f3\u30c8\u4f1a\u5834\u3067\u8a18\u8005\u56e3\u306b\u5bfe\u3057\u3001\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u653f\u7b56\u5f53\u5c40\u8005\u304c\u4eca\u9031\u306e\u4f1a\u5408\u3067\u5229\u4e0a\u3052\u3092\u884c\u3046\u304b\u3069\u3046\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u3068\u8ff0\u3079\u305f\u3002\u3057\u304b\u3057\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u3084\u7d4c\u6e08\u306b\u95a2\u3059\u308b\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u306e\u30c7\u30fc\u30bf\u304c\u4f55\u3092\u793a\u3057\u3066\u3044\u3088\u3046\u3068\u3082\u3001\u7c73\u56fd\u306f\u300c\u4e16\u754c\u3067\u6700\u3082\u4f4e\u3044\u91d1\u5229\u3092\u652f\u6255\u3046\u3079\u304d\u3067\u3042\u308b\u300d\u3068\u8ff0\u3079\u305f\u3002.<\/p>\n<p>\u3053\u308c\u306f\u3001\u9ad8\u91d1\u5229\u306b\u5bfe\u3059\u308b\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306e\u898b\u89e3\u306b\u304a\u3051\u308b\u5287\u7684\u306a\u5909\u5316\u306e\u3088\u3046\u306b\u601d\u308f\u308c\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u3001\u81ea\u8eab\u306e\u4efb\u671f\u4e2d\u306b\u653f\u7b56\u91d1\u5229\u3092\u5f15\u304d\u4e0b\u3052\u306a\u304b\u3063\u305f\u3068\u3057\u3066\u30d1\u30a6\u30a8\u30eb\u524dFRB\u8b70\u9577\u3092\u4f55\u5ea6\u3082\u6279\u5224\u3057\u3066\u3044\u305f\u304c\u3001\u4eca\u3084\u7a81\u7136\u3001\u9ad8\u91d1\u5229\u3092\u53d7\u3051\u5165\u308c\u3064\u3064\u3042\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002.<\/p>\n<p>\u4e00\u65b9\u3001\u56fd\u5bb6\u7d4c\u6e08\u4f1a\u8b70\uff08NEC\uff09\u306e\u30b1\u30d3\u30f3\u30fb\u30cf\u30bb\u30c3\u30c8\u59d4\u54e1\u9577\u306f\u300cFox\u30cb\u30e5\u30fc\u30b9\u30fb\u30b5\u30f3\u30c7\u30fc\u300d\u306b\u5bfe\u3057\u3001\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u304c\u91d1\u5229\u306b\u95a2\u3057\u3066\u3069\u306e\u3088\u3046\u306a\u884c\u52d5\u3092\u3068\u308d\u3046\u3068\u3082\u3001\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306f\u300c\u4f55\u3088\u308a\u3082\u307e\u305a\u30b1\u30d3\u30f3\u30fb\u30a6\u30a9\u30eb\u30b7\u30e5\u6c0f\u306e\u72ec\u7acb\u6027\u3092\u5b88\u308b\u3060\u308d\u3046\u300d\u3068\u8ff0\u3079\u305f\u3002.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"430\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-14-1024x430.png\" alt=\"Gold Technical Analysis\" class=\"wp-image-24245\" srcset=\"https:\/\/www.maxainasia.net\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-14-1024x430.png 1024w, https:\/\/www.maxainasia.net\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-14-300x126.png 300w, https:\/\/www.maxainasia.net\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-14-768x323.png 768w, https:\/\/www.maxainasia.net\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-14-1536x645.png 1536w, https:\/\/www.maxainasia.net\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-14-18x8.png 18w, https:\/\/www.maxainasia.net\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-14.png 1702w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n<p>\u65e5\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u306f\u3001XAU\/USD\u306f$4,330.30\u3067\u53d6\u5f15\u3055\u308c\u3066\u304a\u308a\u3001$4,393.82\u306b\u3042\u308b20\u671f\u9593\u6307\u6570\u5e73\u6ed1\u79fb\u52d5\u5e73\u5747\u7dda\uff08EMA\uff09\u3092\u4e0b\u56de\u3063\u3066\u63a8\u79fb\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u77ed\u671f\u7684\u306a\u30d0\u30a4\u30a2\u30b9\u306f\u5f31\u6c17\u5bc4\u308a\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u8cb4\u91d1\u5c5e\u4fa1\u683c\u306f\u76f4\u8fd1\u306e\u9ad8\u5024\u304b\u3089\u5f8c\u9000\u3057\u3001\u3053\u306e\u77ed\u671fEMA\u306b\u982d\u3092\u62bc\u3055\u3048\u3089\u308c\u305f\u307e\u307e\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u4e00\u65b9\u300146\u306b\u3042\u308b\u76f8\u5bfe\u529b\u6307\u6570\uff08RSI\uff09\u306f\u308f\u305a\u304b\u306b\u5f31\u6c17\u3092\u793a\u3057\u3066\u3044\u308b\u3082\u306e\u306e\u58f2\u3089\u308c\u904e\u304e\u306e\u72b6\u614b\u3067\u306f\u306a\u304f\u3001\u58f2\u308a\u624b\u304c\u307e\u3060\u75b2\u5f0a\u3059\u308b\u3053\u3068\u306a\u304f\u4e3b\u5c0e\u6a29\u3092\u63e1\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u307e\u3059\u3002.<\/p>\n<p>\u4e0a\u65b9\u3067\u306f\u3001\u76f4\u8fd1\u306e\u6225\u62b9\u7dda\u306f$4,393.82\u306e20\u671fEMA\u4ed8\u8fb1\u306b\u3042\u308a\u3001\u4e0b\u843d\u5727\u529b\u3092\u7de9\u548c\u3057\u3066\u53f2\u4e0a\u6700\u9ad8\u5024\u66f4\u65b0\u3078\u306e\u9053\u3092\u518d\u3073\u958b\u304f\u306b\u306f\u3001\u3053\u306e\u58c1\u3092\u6301\u7d9a\u7684\u306b\u4e0a\u629c\u3051\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u4e0b\u65b9\u3067\u306f\u30019\u67082\u65e5\u306e\u5b89\u503c$4,397.86\u3092\u7dad\u6301\u3067\u304d\u306a\u3044\u5834\u5408\u3001\u91d1\u4fa1\u683c\u306f7\u670822\u65e5\u306e\u9ad8\u5024\u4ed8\u8fb1\u306e$4,166\u3078\u5411\u3051\u3066\u4e0b\u843d\u3092\u62e9\u5f35\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold price trades marginally lower at around $4,330 at the start of the Fed\u2019s monetary policy week. The Fed is highly anticipated to raise interest rates on Wednesday. US President Trump seems coming to terms with higher interest rates. Gold reflects a subdued performance at the start of the Federal Reserve\u2019s (Fed) monetary policy week at around $4,330. Fed\u2019s interest rate expectations heavily influenced last week after the release of the hot United States (US) Producer Price Index (PPI) and Consumer Price Index (CPI) reports for August. Last week, Fed\u2019s interest rate hike expectations boosted after the release of the hotter-than-expected Producer Price Index (PPI) and Consumer Price Index (CPI) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.maxainasia.net\/ja\/daily-commentary-465-20260914\/\" class=\"more-link\"><span class=\"screen-reader-text\">&#8220;Fed\u2019s rate decision to drive XAU\/USD\u2019s next move&#8221; \u306e<\/span>\u7d9a\u304d\u3092\u8aad\u3080<\/a><\/p>","protected":false},"author":5,"featured_media":17233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-24244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"_links":{"self":[{"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/posts\/24244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/comments?post=24244"}],"version-history":[{"count":1,"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/posts\/24244\/revisions"}],"predecessor-version":[{"id":24246,"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/posts\/24244\/revisions\/24246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/media?parent=24244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/categories?post=24244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maxainasia.net\/ja\/wp-json\/wp\/v2\/tags?post=24244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}