Gold Research
Silver holds firm as Dollar slides after split Fed decision
Silver price clings to gains on Wednesday late in the North American session, as the Federal Reserve held rates unchanged, which, instead of strengthening the Dollar, weakened it, while US Treasury yields spiked. The XAG/USD trades at $57.17, barely unchanged.
Silver price clings to gains on Wednesday late in the North American session, as the Federal Reserve held rates unchanged, which, instead of strengthening the Dollar, weakened it, while US Treasury yields spiked. The XAG/USD trades at $57.17, barely unchanged.
Gold impact rationale
A weaker U.S. dollar typically supports dollar-denominated gold.
- Source: FXStreet news
- 2026-07-29
- dollar
- price_action
Topics: gold news, gold price impact, dollar, price_action