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Gold Trades Near Two-Week High As US Rate-Hike Bets Cool

By Chee Liang CFA4 min read

Bengaluru, 6 July 2026 – Gold traded near a two-week high as investors scaled back expectations of further United States interest-rate hikes, although a firmer dollar capped gains in the precious metal.

Spot gold eased slightly to around US$4,165.21 per ounce after earlier touching its highest level since 22 June. United States gold futures for August delivery rose to about US$4,177.20 per ounce, reflecting continued support from softer macroeconomic signals.

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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.