Daily Bulletins 28 July 2026 - 07:05 ... views

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XAUUSD

In spot gold, investors will closely monitor today’s statements from the OPEC Meeting and the U.S. Conference Board Consumer Confidence data. While core inflation in Japan remaining unchanged at 2.7% year-over-year did not create a significant pricing impact on precious metals, stronger-than-expected U.S. data may support the U.S. Dollar Index and cause pressure on gold to continue. Developments regarding energy markets and their potential impact on inflation expectations may also be decisive for pricing during the day. In this context, the negative trend is expected to continue in the technical outlook.