COMMODITY
Gold futures finish sharply lower after Fed decision
Mar-19-2026
Gold futures finished sharply lower on Wednesday, after the Federal Reserve maintained the benchmark interest rates steady. Signals that rates may remain higher for longer due to persistent inflation, dulled investment appeal of the bullion. Additionally, yellow metal rates also saddled after dollar spiked as a perceived safe haven asset amidst escalating Middle East conflict.

Gold futures for April delivery tumbled by $112 to 2.24% to settle at $4,896.20 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $ 27.95 or 0.58% to $ 4,846.45 an ounce.

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