New Delhi, July 29 -- Gold fell on Wednesday in the international markets, weighed down by ​a firm dollar that remained ​near a one-month ​high, while investors awaited this week's US Federal Reserve interest rate decision and comments from Chair Kevin Warsh for signals on the policy outlook.

Spot gold fell 1.1% to $4,032.42 an ounce, while US gold futures for ⁠August delivery slid 1.1% to $4,032.40. The US dollar steadied near a one-month high on Tuesday, making greenback-priced bullion more expensive for overseas buyers.

The focus of global markets is now on how the ongoing war between the US and Iran pans out. According to a recent report by CNBC US, Iran targeted American forces in the Middle East with ballis...