Commodities
Gold Prices Hold Steady Amid Fed Rate Hike Expectations
The gold price in the US remained steady at around $4,063.52 per ounce on August 4th, 2026, as investors weighed up the possibility of an interest rate hike by the Federal Reserve in September.
The spot gold trading range was between $4,000 and $4,100 per ounce, with a daily change of 0.20%.
According to market expectations, there is a 63% probability of a rate hike by the Fed in September, which is supporting bullion prices despite some recent fluctuations.