Gold futures settled lower on Wednesday, extending losses from the previous session.
The dollar's slide helped limit gold's losses. The dollar lost ground as traders reacted to less hawkish comments from Chicago Fed President Charles Evans and Atlanta Fed President Raphael Bostic.
The dollar index, which had settled at 100.96 on Tuesday, edged lower in the Asian session and kept sliding as the day progressed. The index touched a low of 100.22 before recovering marginally to 100.33, still down by over 0.6% from the previous close.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.