Gold drops 1% after hawkish Fed rate hike, eyes key technical test
Gold slid over 1% to around $4,240 after the Federal Reserve raised rates to 3.75–4.00% and hinted at more tightening. The $4,320 level is now a key pivot point.
Gold Market
Tagged: federal reserve
Silver slides 3% as dollar hits two-month high, daily range intact
Silver dropped nearly 3% on Wednesday as a hawkish Fed pushed the dollar to a two-month high. Despite the sell-off, the metal remains within its mid-August range, though the 4-hour chart shows growing bearish pressure.
Gold edges lower as US dollar strength weighs on bullion
Gold slipped on Wednesday as the US dollar held near multi-week highs, bolstered by the Federal Reserve’s hawkish stance and ongoing geopolitical risks.
Gold price range-bound near $4,350 as traders await Trump-Xi meeting
Gold is trading near $4,350 on Wednesday, retracing part of its rebound from sub-$4,300. The metal remains range-bound as traders await the Trump-Xi meeting and weigh conflicting drivers.
Gold pulls back from $4,376 as dollar strength and rate-hike bets weigh
Gold retreated from a daily high of $4,376 to trade at $4,337 on Tuesday. A stronger US Dollar, rising Treasury yields, and hawkish Fed bets weighed on the metal.
Gold futures slip ₹914 as dollar firms, Fed signals weigh
Gold futures on MCX reversed early gains to close ₹914 lower at ₹1,52,180 per 10g as a stronger dollar and hawkish Fed comments pressured prices. Comex gold also declined.
Gold slips below $4,350 as Fed hawkishness outweighs falling bond yields
Gold edged below $4,350 on Tuesday as the Federal Reserve's hawkish stance countered a decline in US bond yields. The metal's downside appears limited amid geopolitical tensions and mixed technical signals.
Gold price retreats after Fed rate hike, dollar recovers
Gold fell over 0.6% on Monday after last week's Federal Reserve rate hike. The US Dollar Index rose 0.2% to 100.42, capping the metal despite lower Treasury yields.
Gold price extends recovery as lower oil prices offset Fed rate hike fears
Gold rallied for a second straight day on Friday, hitting its highest since September 9. Lower oil prices provided the main support, countering the expected drag from a Federal Reserve rate hike.