US Fed Meeting Live Updates: Gold futures saw a significant decline on Tuesday as investors became more cautious ahead of the US Federal Reserve’s monetary policy decision, influenced by a stronger US dollar and weak global sentiment impacting bullion prices.
US Fed Meeting July 2026 Live Updates: Gold futures experienced a notable drop on Tuesday as investors grew apprehensive ahead of the US Federal Reserve’s monetary policy decision, with a stronger US dollar and poor global sentiment pressuring bullion prices.
On the Multi Commodity Exchange (MCX), gold contracts for August delivery dropped by ₹1,213, or 0.85%, settling at ₹1,41,850 per 10 grams, with a trading volume of 759 lots.
Market players largely remained on the sidelines in anticipation of the Federal Reserve’s policy announcement set for July 29, looking for indications on the future direction of US interest rates.
In the international sphere, Comex gold futures fell 0.85% to $4,041.42 per ounce, mirroring the overall downturn across global bullion markets.
