Reported about 14 hours ago
Gold prices remained steady near $2,620 an ounce as traders evaluated the monetary policy outlook following a lower-than-expected inflation report from the Federal Reserve. After a 1.1% rise on Friday, the market is anticipating further interest rate cuts in 2025, which typically support gold prices. Despite a strong performance this year, gold's rally faced challenges after Donald Trump's election due to dollar strength.
Source: YAHOO