Gold steadies near $4,044 as dollar firms

PSX Update • Jul 28, 2026

Gold prices retreated on Tuesday as a firmer dollar weighed on bullion, with investors awaiting the Federal Reserve's u%oming policy decision for direction on interest rates.

July 28, 2026 (MLN): Gold prices retreated on Tuesday as a firmer dollar weighed on bullion, with investors awaiting the Federal Reserve's upcoming policy decision for direction on interest rates. Currently, spot gold is steady, slightly down 0.17% to $4,044.43 an ounce as of [09:32 am] PST, according to data reported by Mettis Global. The dollar held close to a one-month high, making dollar-denominated bullion cost...