United States Fed Interest Rate Decision meets forecasts (3.75%)

Mar 18, 2026

Gold crashes below $4,900 as hot PPI, Oil spike fuel USD rally

Gold (XAU/USD) tumbles by more than 2.20% on Wednesday as tensions in the Middle East rise and US inflation edges up, which could deter the Federal Reserve from easing policy. At the time of writing, the XAU/USD trades at $4,878 after hitting a daily high of $5,016.

US Dollar Index holding steady after Fed holds rates, but Powell still looms

The US Dollar Index (DXY) is trading mostly in place on Wednesday, cycling quickly in place after the Federal Reserve (Fed) delivered a widely-anticipated interest rate hold.