Gold Prices Rise, Investors Still Wary of Fed Policy



Global gold prices strengthened in trading on Friday (26/6/2026), driven by a weaker US dollar and a slight easing in expectations of a The Fed interest rate hike.

However, the strengthening was not enough to remove the pressure that has been sending this precious metal toward a fourth consecutive weekly decline.

Based on trading data, spot gold rose 0.51% to US$ 4.046,70 per troy ounce. Meanwhile, US gold futures contracts for August delivery increased 0.35% to US$ 4.061,40 per troy ounce.

Despite strengthening over the weekend, gold prices still recorded a decline of about 2.6% over this week.

Even so, gold briefly touched its lowest level in more than seven months at the start of the week due to pressure from expectations that US monetary policy remains tight.

The weakening of the US dollar is one of the factors that supports gold prices. Mata uang Negeri Paman S
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