The Federal Reserve will release its policy decision tonight at 12:30 AM IST, followed by Fed Chair Powell’s speech at 1:00 AM IST. This is one of the highest-impact events for gold and may trigger major volatility. How FOMC Can Affect Gold: Rate Cut → Gold Bullish (Lower yields support upside) Dovish Tone → More Upside Momentum Hawkish Tone → Selling Pressure Stronger USD / Higher Yields → Bearish for Gold