The precious metals market experienced significant movement today as gold futures climbed $31 to approximately $3,390 per ounce, coinciding with the 2:00 PM ET release of the Federal Reserve's July FOMC meeting minutes. However, the timing of these gains suggests that factors beyond the Fed's policy deliberations drove the day's bullish momentum.

Today's trading session witnessed a synchronized decline across precious metals and equity markets, with gold futures experiencing their most significant technical breakdown in weeks while technology stocks led a broader market retreat.

Moving headlines, with the precious metal forming its fourth doji or spinning top candlestick in the past five trading sessions. These technical formations typically emerge during periods of market indecision, characterized by minimal price movement between opening and closing levels.

Gold markets experienced their most significant weekly decline since June, with prices falling over 2% as investors navigated conflicting economic data and policy developments. 

Market participants entered Thursday with heightened expectations following this week's encouraging Consumer Price Index data, which had rekindled optimism for monetary policy easing in the latter half of 2025.

Gold futures staged a modest recovery on Tuesday, snapping a two-day losing streak as investors digested mixed signals from the July Consumer Price Index report and recalibrated their expectations for Federal Reserve monetary policy.

Gold markets experienced significant turbulence on Monday as President Donald Trump's clarification on precious metals tariffs sent prices tumbling toward $3,350 per ounce.

Gold markets experienced extraordinary volatility this week as traders grappled with confusion surrounding the precious metal's exemption status under newly implemented reciprocal tariffs targeting Switzerland, one of America's largest gold trading partners.

According to The Financial Times, “The US has slapped tariffs on imports of one-kilo gold bars.” The bombshell article published at approximately 4:30 PM ET, this information came in the form of a ruling letter dated July 31 from The US customs Border Protection agency reportedly received by a Swiss