Fed Decision Looms Large Over Gold and Silver Markets

Precious metal prices are expected to be volatile in the coming week as investors anticipate the US Federal Reserve's interest rate decision on July 29, 2026. The Fed's announcement will set the tone for future monetary policy, which is likely to have a significant impact on gold and silver prices.

The geopolitical situation involving the US and Iran is also influencing precious metal markets, with concerns about supply chain disruptions causing price swings. Crude oil prices, which briefly tested $100 per barrel due to Houthi-related attacks, remain a primary driver of inflation expectations.

Detailed CoveragePrecious metals are heading into a period of high sensitivity as traders prepare for the US Federal Reserve's upcoming interest rate policy announcement. With the meeting scheduled for July 29, 2026, the market is closely watching for signals regarding future monetary policy paths. This decision is expected to play a central role in setting the price direction for both gold and silver in the coming days.