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Gold edges higher as markets weigh Warsh's inflation message after Fed decision

Malaysia Times desk Original: New Straits Times 7/30 10:52 X
Gold edges higher as markets weigh Warsh's inflation message after Fed decision
Photo: New Straits Times

NEW YORK: Gold prices edged higher on Thursday, as markets assessed comments from US Federal Reserve Chairman Kevin Warsh on tackling inflation after the central bank left interest rates unchanged at its latest policy meeting.

From the original report

Spot gold was up 0.4 per cent at US$4,080.38 per ounce, as of 0103 GMT. US gold futures for August delivery gained 1.1 per cent to US$4,078.

A divided Federal Reserve left interest rates unchanged on Wednesday, while Warsh reaffirmed the US central bank's commitment to bringing inflation under control, leaving markets uncertain about its next policy move.

This is a brief of a report by another newsroom. The excerpt below is from the original.

Read the full report at New Straits Times New Straits Times
Read the full translated article in Japanese →

About this story

Source
New Straits Times
Originally published
Jul 30, 2026
Updated here
Aug 15, 2026
Produced by
Malaysia Times desk (brief) — reporting by the source
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