Gold Edges Higher as Traders Weigh Fed Warsh's Comments -- Market Talk

Dow Jones2026/07/30 07:52

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0752 GMT - Gold prices tick higher as investors assess comments from Federal Reserve Chairman Kevin Warsh on inflation after the U.S. central bank left interest rates unchanged on Wednesday. "Warsh reiterated a commitment to get inflation under control but offered little color on the details of the FOMC discussion," analysts at Deutsche Bank say. "This might make the Fed minutes release on August 19 more of a market-moving event." Markets continue to price in a rate hike by year-end as higher energy costs stemming from the Iran war increase inflationary pressures. In early trading, New York gold futures are up 0.1% at $4,039 a troy ounce. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

July 30, 2026 03:52 ET (07:52 GMT)

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