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Gold price hovers near $4,075 as Fed holds rates steady
The U.S. Federal Reserve left its policy rate unchanged at 3.50‑3.75 % in July 2026, prompting the dollar to weaken before recovering. CME FedWatch data show the market’s view of a September rate hike fell to roughly 63 %. Spot gold slipped about 0.7 % intraday to around $4,075 per ounce, but the metal posted a 1.7 % monthly gain – its first in five months – as profit‑taking and a stronger dollar pressured prices. Analysts highlighted the $4,000 level as a strong support, while ongoing Middle‑East geopolitical tensions kept safe‑haven demand alive. In Turkey, gram gold traded near 6,100 lira, with other local gold products quoted at similar levels.
Entities
Federal Reserve · Gold · Gold · Gold (commodity) · Gold (spot) · Iran · Kevin Warsh · Kırıkkale Kuyumcular Derneği · Middle East · Tim Waterer · Turkey · U.S. Federal Reserve
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] On July 30, Turkish quarter gold traded at about 10,120‑10,180 TL. bizimtv.com.tr · www.internethaber.com
- [● 14 SOURCES] The Federal Reserve kept its policy rate unchanged at 3.5‑3.75% in its latest meeting. www.sozcu.com.tr · ekonomi.haber7.com · bizimtv.com.tr · www.internethaber.com · www.haberx.com · +4 more
- [● 3 SOURCES] Analysts identified the $4,000 per‑ounce level as a strong technical support for gold. www.sozcu.com.tr · ekonomi.haber7.com · bizimtv.com.tr
- [● 13 SOURCES] Gold posted a monthly gain of about 1.7% on the last trading day of July, ending a four‑month decline. ekonomi.haber7.com · www.sozcu.com.tr · bizimtv.com.tr · www.haberx.com · www.malatyaguncel.com · +4 more
- [● 4 SOURCES] On July 30, Turkish gram gold traded at roughly 6,180‑6,200 TL. bizimtv.com.tr · www.internethaber.com
- [● 14 SOURCES] Expectations for a September Fed rate hike fell to about 63% from over 80% a week earlier. www.sozcu.com.tr · ekonomi.haber7.com · bizimtv.com.tr · www.internethaber.com · www.haberx.com · +4 more
- [DISPUTED] Spot gold rose above $4,000 per ounce after the Fed decision, reaching $4,075‑$4,100. www.sozcu.com.tr · ekonomi.haber7.com · bizimtv.com.tr · www.internethaber.com · www.gundemkibris.com · +1 more
- [● 3 SOURCES] Geopolitical tensions in the Middle East and Suez Canal risk kept demand for gold as a safe‑haven asset. bizimtv.com.tr · ekonomi.haber7.com
- [● 3 SOURCES] Spot gold price on July 30 was about $4,076 per ounce. bizimtv.com.tr · www.gundemkibris.com
- [● 2 SOURCES] On July 31, Turkish gram gold price was around 6,228 TL. www.elazigsonhaber.com · www.milligazete.com.tr
- [○ 1 SOURCE] The dollar/yen pair dropped 500 points, the biggest one‑day decline since 2023. enghelabe-eslami.de
- [○ 1 SOURCE] US annual inflation rate eased to 3.7 %. enghelabe-eslami.de