The Federal Reserve will release its policy decision tonight at 12:30 AM IST, followed by Fed Chair Powell’s speech at 1:00 AM IST.
This is one of the highest-impact events for gold and may trigger major volatility.
How FOMC Can Affect Gold:
Rate Cut → Gold Bullish (Lower yields support upside)
Dovish Tone → More Upside Momentum
Hawkish Tone → Selling Pressure
Stronger USD / Higher Yields → Bearish for Gold
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