Gold edges lower ahead of Fed decision on interest rates
7 Articles
7 Articles
The Economic Times
Gold edges lower ahead of Fed decision on interest rates
Gold prices saw a slight decrease as the dollar remained strong. Market participants await the Federal Reserve's policy decision for rate clues. Central banks in England and Japan are also expected to hold rates steady. Geopolitical tensions in the Middle East are also being monitored closely. Analysts have adjusted their year-end gold and silver price forecasts.
Haberler
AkşamWith selling pressure on chip manufacturers' shares deepening in global markets and geopolitical tensions rising again, risk appetite is decreasing, and all eyes are on the US Federal Reserve's (Fed) interest rate decision today.
Amid escalating military tensions between the US and Iran, all eyes are on the Federal Reserve's interest rate decision to be announced this evening. Caught between safe-haven demand and cautious anticipation ahead of the decision, gold is stabilizing around the $4,000 mark.
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