Metals & Mining #gold#prices
Gold Prices Rise but Upside Capped as FOMC Decision Looms, July 28 Outlook
Spot gold traded 0.20% higher at $4065 on July 27, but fell from an intra-day high of $4116 as oil prices rebounded on geopolitical tensions. Weekly gain of 0.90% was supported by weak US durable goods data and rising Fed rate hike probabilities. Upside is capped by the upcoming FOMC decision.
Jul 28, 2026 1 source