
Gold Analysis Today by Sifu Gold: 20 July 2026 — Gold Tried To Stabilise as Fed Rate Risk Kept Pressure On
On 20 July 2026, gold tried to stabilise around USD4,013.23 per troy ounce, equal to roughly RM527.96 per gram based on USD/MYR at 4.09183. The US-Iran issue and higher oil prices supported some safe-haven interest, but Fed rate risk, US Treasury yields and the US dollar still kept pressure on gold. This article explains what happened, why gold still lacked a clear direction, and what Malaysian gold savers can do from a budget and discipline point of view.









