Internal divisions at the Federal Reserve boost gold prices, analysts bullish on gold prospects.

The minutes of the June policy meeting of the Federal Reserve showed that officials had differing views on the outlook for interest rates, leading to an increase in the price of gold. Market analyst Linh Tran stated that if inflation data continues to cool down, the possibility of a rate cut by the Federal Reserve in September will become more obvious, potentially weighing down on the US dollar and paving the way for further increases in the price of gold. Meanwhile, trade tensions continue to cast a shadow over global economic growth prospects, with new tariffs expected to push up inflation pressure by raising import costs. This situation may strengthen gold's role as a hedge against macroeconomic instability.