Gold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later this year. This move strengthened the U.S. dollar, making gold more expensive for international buyers. Markets now anticipate a higher chance of a rate hike in December. Other precious metals like silver, platinum, and palladium also experienced declines.

Gold prices are climbing for the fifth consecutive session. Optimism surrounding a U.S.-Iran peace deal is easing concerns about interest rate hikes. Investors are now awaiting…

Gold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later this year. This move strengthened the…

Gold rate today: Gold is often seen as a hedge against inflation, elevated interest rates tend to pressure bullion.