{
  "id": 1860961,
  "title": "Gold recovers from weekly low as USD softens ahead of FOMC Minutes",
  "url": "https://urgent.news/2026/08/19/gold-recovers-from-weekly-low-as-usd-softens-ahead-of-fomc-minutes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T03:36:33.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gold-recovers-from-weekly-low-as-usd-softens-ahead-of-fomc-minutes-202608190336"
  },
  "original_language": "en",
  "account": "Gold prices rebounded from a weekly low, climbing above $4,350 in the last trading hour. The decline in the US Dollar, due to traders anticipating less policy action from the Federal Reserve, aided this recovery. However, traders may wait for more information on the Fed's future policy before taking new positions on gold. The focus remains on the upcoming Federal Open Market Committee (FOMC) Minutes, which will provide crucial insights into the Federal Reserve's future monetary policy decisions. Geopolitical tensions, particularly in the Middle East, are contributing to inflation concerns and supporting crude oil prices. The US Dollar has strengthened against the Australian Dollar and other major currencies, but it may not sustain a sustained break lower. Bitcoin and Ethereum prices have shown signs of recovery, while Ripple appears to be holding steady near a key psychological level.",
  "summary": "Gold (XAU/USD) rebounds from the weekly low, which it touched during the Asian session on Wednesday, and climbs above $4,350 in the last hour.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Mexican Peso dips on Middle East tensions, eyes on FOMC minutes",
        "url": "https://urgent.news/2026/08/18/mexican-peso-dips-on-middle-east-tensions-eyes-on-fomc-minutes",
        "published": "2026-08-18T21:58:57.000Z"
      }
    ]
  },
  "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."
}