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Gold slips as firm dollar weighs; focus turns to Fed meeting
Jul 28, 2026
Economic Times

Gold slips as firm dollar weighs; focus turns to Fed meeting

Gold prices fell 0.5% to $4,056.03 per ounce on Tuesday as a stronger dollar weighed on the market. Investors now watch the Federal Reserve’s two-day policy meeting for interest rate clues. President Trump said the U.S. should have the lowest interest rate in the world, while other precious metals also fell.