Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Dubai Gold Prices Spike Ahead of US Fed Rate Decision

Guavy AI Editorial Team
Instruments
Gold
Share

Gold prices rose in Dubai ahead of the US Federal Reserve's interest rate decision on Wednesday morning.

The price of spot gold was up nearly 0.7% at $4,321 per ounce, while silver jumped almost 2% to $64.56 an ounce.

Traders are pricing in a high chance of a 25-basis-point hike, with a 92.4% probability according to the CME FedWatch.

Market analyst Frank Walbaum noted that a hawkish Fed could pull gold down, while soft messaging may ease bets on hikes and help the metal recover.

More on Commodities

Commodities just now

Portugal Raises Electricity Tariffs Amid Global Market Turmoil

Commodities just now

Houthi-Saudi Conflict Drives WTI Prices Higher

Commodities 3m ago

Silver Price Takes a Hit as Strong Dollar Cuts Through Support

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy