Tuesday, July 28, 2026

Warsh’s second meeting comes with central bank expected to keep rates unchanged

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US Fed Meeting Live Updates: Gold futures fell sharply on Tuesday as investors turned cautious ahead of the US Federal Reserve’s monetary policy decision, while a stronger US dollar and weak global sentiment weighed on bullion prices.

US Fed Meeting July 2026 Live Updates: Gold futures fell sharply on Tuesday as investors turned cautious ahead of the US Federal Reserve’s monetary policy decision, while a stronger US dollar and weak global sentiment weighed on bullion prices.On the Multi Commodity Exchange (MCX), gold contracts for August delivery declined by ₹1,213, or 0.85%, to ₹1,41,850 per 10 grams, with a business turnover of 759 lots.

Market participants largely stayed on the sidelines ahead of the Federal Reserve’s policy announcement scheduled for July 29, awaiting cues on the future trajectory of US interest rates.

In the international market, Comex gold futures slipped 0.85% to $4,041.42 per ounce, reflecting the broader weakness across global bullion markets.

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