Gold Research

Gold weakens below $4,100 as inflation fears lift Fed hike bets and support USD

Gold (XAU/USD) attracts some sellers during the first half of the European session on Thursday and slides below the $4,100 mark, retreating further from an over two-week high touched the previous day.

Gold (XAU/USD) attracts some sellers during the first half of the European session on Thursday and slides below the $4,100 mark, retreating further from 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
  • inflation
  • rates
  • gold_price_action

Topics: gold news, gold price impact, inflation, rates, gold_price_action