Wed, 27 Jul 2022 13:09:57 GMT
Gold trades below 1,725.00
During the first half of Wednesday's trading hours, the price for gold fluctuated between the support zone at 1,715.00 and the resistance of the 1,725.00 level. Meanwhile, the commodity price was awaiting the US Federal Reserve rate hike, which was scheduled for 18:00 GMT.
In general, the rate decision and the monetary policy statement together with the press conference are set