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July 27 (Reuters) - Gold hovered near a one-week high on Thursday as the dollar slipped on renewed expectations that an end to the Federal Reserve’s interest rate cycle was on the horizon, with focus on the European Central Bank’s impending decision.

Spot gold rose 0.3% to $1,977.19 per ounce by 1204 GMT, after earlier hitting its highest since July 20. U.S. gold futures were up 0.4% to $1,977.70...[LINK]

With a slight corrective setback in the #dollar, this morning's recovery bounce in gold and silver is not surprising.

We suspect many traders are holding on the sidelines ahead of this afternoon's US Fed decision and statement. With market expectations pegging today's US rate hike as nearly a certainty, the focus of the markets will be on the tone and direction of future policy dialogue in the Fed's statement.

However, investors continued to exit gold ETF holdings with an outflow yesterday of 127,436 ounces while silver ETF holdings advanced minimally by 224,436 ounces, leaving both gold and silver holdings down 2.2% year-to-date...[MORE]

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July 26 (Reuters) - Gold prices climbed on Wednesday due to some safe-haven demand before the U.S. Federal Reserve delivers a widely expected rate hike later in the day, as traders see the fight to tame inflation nearing its endgame.

Spot gold rose 0.4% to $1,972.22 per ounce by 1145 GMT, while U.S. gold futures gained 0.5% to $1,973.60...[LINK]

July 25 (Reuters) - Gold pared some gains on Tuesday as the dollar firmed, while traders positioned for key central bank decisions that could signal a halt to further interest rate hikes.

Spot gold was up 0.1% to $1,956.77 per ounce by 1148 GMT, while U.S. gold futures edged down 0.2% to $1,958.20...[LINK]