Gold prices fall after the U.S. Federal Reserve keeps interest rates unchanged but signals that a rate hike could occur later this year. Both outlets link the decline to expectations shifting toward a higher probability of tightening, which supports the U.S. dollar and makes gold more expensive for holders of other currencies. Bloomberg reports that gold remains down as markets adjust to the Fed’s messaging about a later-year hike. Economic Times adds that the dollar strengthens following the Fed’s decision, contributing to gold’s drop of about 1%. The reports also note that traders increase their focus on a potential December move and that other precious metals move lower in tandem. Silver, platinum, and palladium decline alongside gold, consistent with a broader repricing of interest-rate expectations. Overall, the story centers on how the Fed’s guidance affects currency strength and yields, which in turn influences demand and pricing for non-yielding assets such as gold.