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