Gold (XAU/USD) & Silver Price Forecast: Fed Minutes Loom as Bond Yields Pressure Bullion
FX Empire·2026-08-19 13:31
Gold News: Fed Minutes and Bond Yields Put Bullion in FocusGold and silver fundamentals today are in a tug-of-war between lower expectations for the Fed and higher global bond yields. Traders are waiting for today’s release of the July FOMC minutes to get a better idea of how the Fed staff view the three officials that chose to dissent and vote for a rate hike. Right now, futures are indicating that there is a 65% chance that the Fed holds rates steady in September, while the probability of a rate hike is s ...