Gold flat as focus turns to Fed minutes

· economictimes.indiatimes.com

Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at $4,159.62 per ounce, while December futures were valued at $4,187.30. Amid ongoing inflation and recent sluggish economic indicators, Fed discussions around interest rate hikes are influencing investor sentiment, with many opting for yield-generating assets over gold.

Synopsis

Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at ...


Read on WOBR AI → · More AI market news · StrategyVerse · Quant Research · WOBR.AI