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Gold Climbs to Two-Week High as Softer Dollar Revives Buying Interest

New York, 23 July 2026 – Gold advanced to its highest level in two weeks as a softer US dollar and renewed technical buying encouraged investors to rebuild positions ahead of the Federal Reserve’s upcoming policy decision.

Spot gold rose 1.7% to approximately US$4,145 an ounce during the session after touching an intraday high of US$4,165.87, its strongest level since July 7. US gold futures for August delivery settled 1.9% higher at US$4,151.90 an ounce. 

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Author

  • Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.

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