Gold Falls to $4,525 as Fed Holds

Spot gold fell 1.6% to $4,525.50/oz and futures dropped 1.5% to $4,538.91/oz after Fed kept rates unchanged.
The Fed’s decision featured four dissents—the first since September 1992—with one member favoring a 25‑bp cut and three opposing an easing bias.
World Gold Council reported Q1 2026 gold demand rose 2% YoY to 1,230.9 t, value jumping 74% to $193 bn, driven by Asian investors.
Brent crude surged 5.7% to $110.39 a barrel as President Trump signaled a prolonged naval blockade of Iran, heightening oil‑market risk.