Fed Policy Gold Price Impact

"the US dollar, interest-rate expectations and geopolitical developments will remain the key drivers for bullion prices"

"Going forward, the market's focus will remain on the Federal Reserve's policy outlook, which continues to be the key driver for bullion prices."

"He said the direction of bullion would depend on the policy announcement and the subsequent movement in the US dollar and Treasury bond yields."

"The US central bank is widely expected to keep interest rates unchanged today, following June inflation prints that came in below expectations."

"Market participants are now closely focused on the US Federal Reserve's policy decision later this week, which is expected to provide further clarity on the interest rate outlook and influence bullion prices."

"Investors' attention has now shifted to the US Federal Reserve's two-day policy meeting on 28-29 July, along with comments from Fed Chair Kevin Warsh. The Street broadly expects the central bank to leave interest rates unchanged, although expectations for tighter monetary policy beyond July remain elevated."

"Investors will now closely watch next week's US Federal Reserve policy meeting for clues on the future path of interest rates. Any change in the Fed's outlook could influence global bullion prices and, in turn, domestic gold and silver rates."

"Market participants also remained focused on next week's Federal Reserve meeting for clues on the future interest rate path."

"Market participants are now watching the Federal Reserve's policy meeting scheduled next week. The Fed's guidance will be important for bullion markets as expectations around rate cuts or further tightening could influence the dollar and bond yields."

"The U.S. Fed monetary policy meetings later this month and any peace proposal in the Middle East could be a trend decider for bullion markets."