The US Federal Reserve raised interest rates by 0.25% for the first time since 2023, citing persistent inflation pressures. Gold prices fell over $130 per ounce to a new low around $4,235, with the dollar strengthening and US Treasury yields rising to their highest levels since 2007. Analysts note resistance at $4,300 with potential support at $4,010 if that level breaks, while mid-to-long-term trends remain bullish for gold.