Gold Price Holds Steady Ahead of Fed Decision and US Economic Data
6 Articles
6 Articles
Gold Rebounds Near US$3,300 as Fed Decision Looms
News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-rebounds-near-us3300-as-fed-decision-looms/Gold prices (XAU/USD) halted a four-session decline near the $3,300 per ounce support level, rebounding from a recent peak of $3,440. This recovery signals renewed investor interest as prices approach a key psychological threshold, underscoring gold’s resilience amid persistent global uncertainties. …
Gold Prices Hold Steady Ahead of Fed Decision and Powell's Speech
Gold prices remained relatively stable in both local and global markets during Wednesday’s trading session, as investors awaited the U.S. Federal Reserve’s monetary policy announcement and the highly anticipated press conference by Fed Chair Jerome Powell later in the day.
Gold Stabilizes Near Recent Lows As Markets Await Fed Decision
July 30, 2025 (Investorideas.com Newswire) Gold prices held steady around USD 3,330 per ounce on Wednesday ahead of the Federal Reserve interest rate decisions. Investors continued to weigh the impact of easing trade tensions and resurging ETF inflows.
Limited fluctuations are seen in the gold market on Wednesday, July 30, 2025. Gram gold is trading at 4,337 TL, quarter gold at 7,083 TL, half gold at 14,167 TL, and Republic gold at 28,247 TL. Investors are focused on the Fed's interest rate decision, which will be announced at 9:00 PM tonight. Markets are searching for direction ahead of the decision.
Gold kept its slight gains on Wednesday, as the Fed's decision on interest rates approached, amid expectations that officials would provide decisive signals about monetary policy directions. Yellow metal traded close to $3330 an ounce by 0730 Saudi time, up 0.4% yesterday Tuesday, driven by a drop in treasury bond returns following a strong auction of seven-year bonds.
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