Gold Research

Gold stands firm on US-Iran diplomacy hopes, reduced Fed hike bets; bulls lack conviction

Gold (XAU/USD) continues with its struggle to capitalize on a modest gap-up opening beyond the $4,100 mark through the early European session on Monday as bulls seem hesitant ahead of the crucial FOMC meeting this week.

Gold (XAU/USD) continues with its struggle to capitalize on a modest gap-up opening beyond the $4,100 mark through the early European session on Monday as bulls seem hesitant ahead of the crucial FOMC meeting this week.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: FXStreet news
  • 2026-07-27
  • rates

Topics: gold news, gold price impact, rates