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Gold falls 1% after Fed holds rates steady, signals rate hike this year
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.
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economictimes.indiatimes.com
Gold edges up as rate-hike fears ease; Fed rate decision in focus
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…
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arabnews.com
Gold remains flat as investors weigh Fed, US-Iran developments
LONDON: Gold prices were little changed on Wednesday, with market participants focused on the Federal Reserve’s first policy decision under new chair Kevin Warsh and details of…
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Gold falls 1% after Fed holds rates steady, signals rate hike this year
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…
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cryptobriefing.com
Gold holds loss after US Federal Reserve keeps rates unchanged, signals future hike
The Federal Reserve held rates at 3.5%-3.75% on June 17, signaling a possible 2026 rate hike. Gold dipped to $4,327/oz while Bitcoin fell 1.5% below $65K.
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Gold price on June 18: Why is gold rate crashing?
Gold rate today: Gold is often seen as a hedge against inflation, elevated interest rates tend to pressure bullion.
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riotimesonline.com
Gold and Silver Tumble as the Fed Signals Higher Rates Ahead
Gold fell 1.65% to about $4,260 and silver dropped 3.08% to $67.89 on June 17 as the U.S. Fed signaled higher rates, lifting the dollar and bond yields.
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newsbytesapp.com
Gold, silver prices fall after US Fed holds rates steady
Gold and silver prices dipped as the US Federal Reserve paused interest rate hikes, while inflation concerns continued to influence investor sentiment.