Global Gold Rebounds Above $4,100 After Two Sessions of Losses

Global gold prices rebounded above $4,100 an ounce on Thursday, July 9, 2026 (18 Tir), after falling for two prior sessions, trading in a range of roughly $4,100 to $4,130. According to Kitco News, gold had eased earlier in the week on expectations the Federal Reserve would keep interest rates elevated for longer, but minutes from the Fed's June meeting and heightened risk following the attack on tankers in the Strait of Hormuz and the ongoing US-Iran conflict revived safe-haven demand. The swings came alongside firmer US Treasury yields and a broadly stable dollar index.