{
  "id": 1853677,
  "title": "Gold inches higher, focus on Fed minutes",
  "url": "https://urgent.news/2026/08/19/gold-inches-higher-focus-on-fed-minutes-1853677",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T02:44:52.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40435523/gold-inches-higher-focus-on-fed-minutes"
  },
  "original_language": "en",
  "account": "Gold prices experienced a slight increase in the early Asian trading session on Wednesday, as US Treasury yields retreated from their recent peak. In the meantime, market participants eagerly anticipated the Federal Reserve's forthcoming meeting minutes. Spot gold rose by 0.2% to $4,342.33 per ounce, following a nearly 2% decline on Tuesday. In contrast, US gold futures for December delivery dipped by 0.6% to $4,396.30. US yields paused their earlier upward momentum, shifting course amid a worldwide bond selloff, with long-term borrowing costs in major economies nearing their highest levels in decades. The Federal Reserve's announcement of meeting minutes, scheduled for 1800 GMT, has traders pricing in a 65% likelihood of maintaining rates unchanged and a 35% chance of a rate hike in September, according to the CME FedWatch Tool. The Bank of England, on the other hand, will maintain interest rates at 3.75% throughout the remainder of the year, as indicated by a substantial majority of economists surveyed by Reuters. Among other precious metals, spot silver experienced a 0.5% decrease to $62.99 per ounce, while platinum rose by 0.3% to $1,717.03, and palladium fell by 0.3% to $1,286.73.",
  "summary": "Gold prices edged higher in early Asian trade on Wednesday as US Treasury yields eased from recent highs, while market participants awaited the release of the Federal Reserve’s meeting minutes. Spot gold was up 0.2% at $4,342.33 per ounce, as of 0030 GMT after falling nearly 2% on Tuesday. Meanwhile, US gold futures for December delivery edged 0.6% lower to $4,396.30. US yields backed off earlier…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Gold inches higher, focus on Fed minutes",
        "url": "https://urgent.news/2026/08/19/gold-inches-higher-focus-on-fed-minutes-1852103",
        "published": "2026-08-19T02:31:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}