World Gold Council: India’s gold demand fell 6% YoY in the June quarter, driven by weak jewellery purchases. WGC expects demand to recover in H2 2026 if prices remain stable. Higher Indian gold import tariffs have boosted smuggling and squeezed formal market participants.

CENC automatic determination: at 21:39 on July 30 an estimated magnitude ~3.2 earthquake occurred near Luxian, Luzhou, Sichuan (29.23°N, 105.64°E). Final parameters subject to the official preliminary bulletin.

The Federal Reserve left its policy rate unchanged, knocking down odds of a hike and sending the dollar and U.S. Treasury yields lower, which pushed spot gold from losses to a gain exceeding 1%. The committee recorded three dissenting votes. Market participants said near-term direction will hinge on the Fed’s post-meeting press conference; after briefly dipping below $4,000/oz, gold may have temporarily avoided further downside. As of 02:16, spot gold was up 1.2% at $4,076.41 per ounce.