Economic data

Gold slips toward $4,000 as Oil above $100 clouds Fed rate outlook

FXStreet28 October 2026, 17:32 UTCIran

Gold (XAU/USD) price retreats 0.50% on Wednesday as the US-Iran conflict seems far from ending while investors await the Federal Reserve’s (Fed) monetary policy decision at 18:00 GMT. The XAU/USD pair trades at $4,039 at the time of writing.

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