Gold Prices Stable Amid Anticipation of Fed Meeting
Gold prices remained subdued on Tuesday as investors were eagerly anticipating further signals about the state of the U.S. economy in anticipation of the upcoming Federal Reserve meeting later this month. This is due to the increasing expectations of a pause in interest rate hikes.
- Spot gold was unchanged at $1,937.58 per ounce as of 0058 GMT, pulling back slightly from the one-month highs reached on Friday.
- U.S. gold futures declined by 0.2% to $1,963.40. Trading activity remained restricted on Monday due to the U.S. holiday.
GOLD
BUY 1936 1934 🔼🔼
✅TP1: 1940
✅TP2: 1950
🚫SL: 1930
- Spot gold was unchanged at $1,937.58 per ounce as of 0058 GMT, pulling back slightly from the one-month highs reached on Friday.
- U.S. gold futures declined by 0.2% to $1,963.40. Trading activity remained restricted on Monday due to the U.S. holiday.
GOLD
BUY 1936 1934 🔼🔼 ✅TP1: 1940
✅TP2: 1950
🚫SL: 1930
