NEW YORK, July 18, 2025 — Gold prices dipped slightly Friday morning as investors weighed the U.S. Federal Reserve’s next moves on monetary policy.
According to data from the New York Mercantile Exchange (Comex), August gold futures fell by $2.88, or 0.09%, to $3,342.42 per troy ounce. The modest decline reflects continued uncertainty about the Fed’s interest rate trajectory.
Meanwhile, silver edged higher. September silver futures rose 0.42% to $38.463 per ounce.
Traders remain focused on how the Fed’s policy stance will affect the U.S. dollar. Gold is particularly sensitive to dollar fluctuations — a stronger dollar tends to weigh on gold prices, while a weaker dollar can lift them.
Market analysts expect volatility to persist until clearer signals emerge from the Federal Reserve’s upcoming statements or data releases.
