Gold Closes at $4,077 as Fed and Bank of Japan Meetings Converge

Spot gold closed at $4,076.90 on July 28, 2026, up about $21 from $4,055.90 the prior session. The Federal Reserve's two-day FOMC meeting began July 28; the Bank of Japan concludes its policy meeting July 31. Two major rate decisions in four days set the stage for gold's next move, with real yields and the dollar in focus.