Gold Falls as Stronger Dollar and Fed Rate Decision Weigh on Bullion; Oil and Treasury Yields Retreat - Tekedia

Gold prices fell about 1.3% to 1.4% as a stronger U.S. dollar and caution ahead of the Federal Reserve decision pressured the market.

Investors are waiting for the Fed’s rate announcement, which could shift expectations for borrowing costs and the broader inflation outlook.

Oil prices also declined after signs of possible U.S.-Iran diplomatic progress eased Middle East risk premium.

Lower Treasury yields signaled reduced demand for safe-haven assets as geopolitical tensions cooled.