Gold Rebounds as Divided Fed Holds Interest Rates, Oil Blockade Ignites Inflation Fears

In what may be the most tumultuous Federal Reserve meeting in modern history, policymakers on Wednesday voted to hold interest rates steady while exposing a level of internal fracture not seen since the early 1990s. The decision comes as a deepening U.S. naval blockade of Iran has sent energy prices spiraling, complicating the central bank’s mission and sending gold markets into a volatile 'buy-the-dip' frenzy.