Gold Faces a Lackluster January with a Close Eye on the Fed Gold prices are on track to mark their first monthly decline in four, as expectations for early U.S. interest rate cuts wane ahead of the Federal Reserve’s policy decision. Spot gold hovered around $2,037.30 per ounce, reflecting a modest drop of 1.2% for the month, amidst reduced bets for a March rate cut by the Fed. The precious metal’s performance this month contrasts sharply with its record high in December, driven by previous rate cut speculations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The TRUTH About Costco Gold Bars READ MORE Gold ETF Flows: March 2024 READ MORE Inflation Ticks Higher in January, Surpassing Predictions READ MORE Credit Markets Show Unwavering Strength Amid Rising US Inflation Concerns READ MORE 30-Year Fixed Mortgage Back Near 7%: Mortgage Interest Rates Today for March 25, 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
