Gold Research

Gold bulls seem hesitant as reviving Fed hike bets counter USD weakness

Gold (XAU/USD) sticks to its modest intraday gains through the first half of the European session on Monday amid a softer US Dollar, though it lacks follow-through buying, warranting caution for bullish traders.

Gold (XAU/USD) sticks to its modest intraday gains through the first half of the European session on Monday amid a softer US Dollar, though it lacks follow-through buying, warranting caution for bullish traders.

Gold impact rationale

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

  • Source: FXStreet news
  • 2026-07-20
  • rates

Topics: gold news, gold price impact, rates