New York, 28 July 2026 – Gold prices moved lower on Tuesday as the US dollar remained near a one-month high, reducing demand for bullion ahead of the Federal Reserve’s closely watched monetary policy decision.
Spot gold declined 0.5% to US$4,056.03 an ounce by 0110 GMT, while US gold futures for August delivery fell by the same margin to US$4,056.70. The pullback reflected growing caution among investors as markets reassessed the probability that US interest rates could remain elevated for longer.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
