Gold Slips as Markets Eye Inflation Data Amid Fed Uncertainty and New Presidential Policies
Gold prices fell to around $2,670 per ounce on Monday, marking a second consecutive decline as markets await key US inflation data and several Federal Reserve speeches this week, looking for clues on the future of interest rates. The recent Fed rate cut of 25 basis points, while expected, was accompanied by a cautious tone, hinting that the Fed might ease back on further rate cuts, especially given policy shifts under the second Trump presidency.
Recent News
US30 Forms Bearish Flag Near Support – W...
April 03, 2025
Market Insights
Gold gains ground on weaker Dollar and g...
May 05, 2025
Market Insights
Bitcoin Bulls Target $83,000 Milestone A...
November 11, 2024
Market Insights
Natural Gas Futures Key Support Resistan...
February 26, 2025
Market Insights
Gold price flat lines below $2,650 level...
December 03, 2024
Market Insights
Crude Oil Under Pressure: Testing Major...
February 22, 2025
Market Insights
