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Rate Hike Fears

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A 50g fine gold bar displayed elegantly on a rich red fabric background, symbolizing wealth and luxury.
NEWSJUL 28, 2026
Gold Slips as Rate Hike Fears Overpower Softer Dollar and Yields
Spot gold moved lower late Tuesday as sellers pushed XAU/USD beneath a short-term retracement zone now acting as resistance. Traders are watching Warsh’s press conference and the PCE inflation print as the next potential catalysts for whether the metal can stabilize or extend its decline.