Gold Prices Pause Near Highs as Fed Decision Looms

25.01.29

Gold prices remained relatively stable at $2,758.49 per ounce as markets await the Federal Reserve’s policy decision and commentary on potential March rate cuts. The precious metal’s recent approach to all-time highs, driven by Trump’s calls for lower rates, was tempered by a tech sector sell-off triggered by Chinese AI developments. Investors are particularly focused on Fed Chair Powell’s upcoming press conference and Trump’s proposed trade policies, which could impact gold’s safe-haven appeal.

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