Archive · 29 Jul 2026

Gold, silver prices fluctuate ahead of US Fed decision

Gold, silver prices fluctuate ahead of US Fed decision

Gold and silver prices are going up and down because everyone is waiting for the US Federal Reserve to make a big decision about interest rates.

The Fed is expected to keep rates the same for now, but there are worries that prices might go up later because of problems in the Middle East.

This could make the Fed raise rates in the future, which would make gold less attractive because it doesn't pay interest.

The dollar is a little weaker, and the price of US government bonds is a bit higher.

Other big banks, like the Bank of England and the Bank of Japan, might also keep their rates the same soon.

Sources