Gold Research
Gold flat lines above $4,100 as Fed hike bets cap gains while weak USD lends support
Gold (XAU/USD) extends its sideways consolidative price moves heading into the European session on Thursday and holds above the $4,100 mark, within striking distance of an over two-week high touched the previous day.
Gold (XAU/USD) extends its sideways consolidative price moves heading into the European session on Thursday and holds above the $4,100 mark, within striking distance of an over two-week high touched the previous day.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-07-23
- rates
- price_action
Topics: gold news, gold price impact, rates, price_action