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fxJul 30, 2026, 5:21 AM

Gold Prices Steady as Markets Question Fed’s Policy Credibility

Gold opened Thursday’s session relatively unchanged as investors shift focus from the Federal Reserve’s decision to the broader credibility of its policy outlook.

XAUUSD

Gold began Thursday’s session with financial markets moving past the immediate Federal Reserve decision. The focus now turns to whether the communicated policy framework will hold.

The precious metal often reacts to shifts in interest rate expectations. While the Fed’s message initially guided markets, participants are now reassessing its long-term credibility.

Trading volumes were moderate, suggesting a wait-and-see stance. No major data releases are expected to disrupt the narrative early in the session.

Source: FXStreet Forex News