Why did the gold price stabilise today?

The Fed held rates and warned that oil shock inflation from Middle East tensions could slow cuts. That supports safe-haven demand but also keeps yields and the dollar firm, which caps rallies. The mix produced a pause after six losing sessions, with traders waiting for fresh signals on oil and policy.

How does the Fed rate outlook affect the gold price?

When markets expect later or fewer cuts, real yields tend to stay higher and the dollar holds firm. That usually pressures gold. If data soften and the Fed signals earlier cuts, yields can fall and the dollar may ease, which typically supports the gold price and improves sentiment.

What should Singapore investors watch next?

Track oil headlines, USD/SGD moves, and any policy commentary from the Fed and MAS. Watch local pump prices, utility tariffs, and shipping costs for signs of pass-through. Also note ETF flows and changes in dealer premiums, which can tighten or widen quickly when volatility rises.

Is it a good time to buy gold now?

Instead of a single entry, consider dollar-cost averaging to spread timing risk. Decide an allocation range and rebalance to target on swings. Compare dealer prices, premiums, and fees. Keep SGD cash or T-bills for flexibility, and set alerts for preferred buy levels and risk limits.

Global Market Insights

Gold Price Today, March 20: Stabilizes After Fed Hold, Oil Spike

ByHuzaifa Zahoor March 20, 2026March 20, 2026

The gold price steadied near S$4,835 per ounce on March 20 after a six-day slide, as the Fed kept rates on hold and warned that Middle East-driven oil spikes could fuel inflation and delay cuts. That setup supports safe-haven demand yet caps rallies as yields and the US dollar stay firm. For Singapore investors, volatility remains high, and direction may hinge on oil headlines and the Fed rate outlook. We break down today’s moves, local drivers, portfolio tactics, and the key signals to watch next.