Gold Research

Gold surges after Fed holds as hawkish dissent fuels volatility

Gold price rises during the North American session after the Federal Reserve (Fed) decided to hold rates unchanged, with a 9-3 vote split, as three members of the FOMC opted to increase the fed funds rate by 25 basis points.

Gold price rises during the North American session after the Federal Reserve (Fed) decided to hold rates unchanged, with a 9-3 vote split, as three members of the FOMC opted to increase the fed funds rate by 25 basis points.

Gold impact rationale

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

  • Source: FXStreet news
  • 2026-07-29
  • gold_price_action
  • rates
  • price_action

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