Amillex Daily Market Commentary | Gold Edges Lower Ahead of Fed Decision; Middle East Flashpoint Triggers Sharp Crude Oil Rally

On the morning of July 29, 2026, global markets exhibited a clear sense of divergence during the Asian session. Spot gold continued its modest pullback, trading around $4,018/oz and touching a one-week low intra-day. The pressure on gold stems primarily from a firm US Dollar lingering near a one-month high, prompting buyers to tread cautiously ahead of the Federal Reserve’s July rate decision and subsequent press conference. While the mid-to-long-term bullish thesis remains intact, high opportunity costs for non-yielding assets and an uncertain policy outlook led traders to take profits, keeping gold bound to wide-range fluctuations near recent highs.

In sharp contrast to the subdued precious metals, crude oil surged dramatically. WTI crude rallied over 4%, breaching the $82.55/bbl mark. Expectations had been building around potential diplomatic deals, but a sudden missile strike on bases within Jordan shattered the temporary calm. Escalating conflict fears sparked renewed anxiety over Middle Eastern energy supply disruptions, driving strong capital inflows that accelerated oil’s upward momentum. Markets will remain laser-focused on upcoming monetary policy guidance and regional geopolitical developments.

حرکات کلاس دارایی و تحلیل بنیادی

۱. بازار سهام ایالات متحده

عملکرد شاخص

میانگین صنعتی داو جونز (DJI): At 52,752.28 (+537.05 pts, +1.03%). Capital rotated noticeably into traditional industrial and cyclical blue chips, propelling the index higher to outperform its peers.
شاخص S&P 500 (SP500): At 7,467.38 (+25.78 pts, +0.35%). Markets traded in a high-level range ahead of the Fed announcement, with defensive and cyclical sectors providing baseline support.
شاخص نزدک ۱۰۰ (NQ1): At 28,027.00 (+105.00 pts, +0.38%). Mega-cap tech stocks delivered mixed performances, leaving the index to consolidate within a narrow range above key technical levels.

نکات برجسته سهام

اپل (AAPL): At $340.08 (+0.94%). Outperformed the broader market by holding elevated ranges as investors favored high-quality safe havens during this macro window.
اینتل (INTC): At $86.30 (-5.86%). The semiconductor sector faced selling pressure, driven by company-specific fundamentals and divergent industry expectations.
Alphabet/Google (GOOG): At $333.71 (+2.19%). Sector rotation favored select mega-cap tech leaders, supporting overall gains in the Nasdaq.

۲. بازار ارز خارجی

شاخص دلار آمریکا (DXY): At 101.394 (Flat at 0.00%). Investors stood on the sidelines ahead of the Fed’s rate decision and stance, keeping the index consolidated near a one-month high.
دلار آمریکا/ین ژاپن: At 163.770 (-0.06%). Despite wide US-Japan yield differentials keeping carry trades attractive, approaching policy risk limited upside momentum.
یورو/دلار آمریکا: At 1.13885 (+0.02%). Weak European economic fundamentals and a resilient US dollar kept the euro stuck in a low-level consolidation phase.

۳. فلزات گرانبها و کالاها

فلزات گرانبها

طلای اسپات (XAUUSD): At ~$4,025.66/oz (-$3.005, -0.07%). Dragged down by a strong greenback and the high holding cost of non-yielding assets, gold traded sideways ahead of the Fed decision.
نقره اسپات (XAGUSD): At $57.273/oz (+$0.16, +0.28%). Supported by its dual industrial and monetary qualities, silver showed relative resilience and maintained its elevated range.

کالاها

نفت خام WTI (XTIUSD): At $82.82/bbl (+$3.37, +4.24%). Geopolitical catalysts and supply disruption risks invited aggressive bullish volume, driving a decisive breakout rally.

۴. دارایی‌های رمزنگاری‌شده و پویایی‌های کلان

بیت کوین (BTCUSD): At $63,982 (+0.21%). Macro uncertainty weighed on risk sentiment, dampening market liquidity and keeping prices in a tight bottom-building range.
اتریوم (ETHUSD): At $1,919.10 (-0.04%). Underperformed slightly as short-term capital favored traditional safe-haven assets and high-beta energy commodities.

۵. رویدادهای کلیدی امروز