Gold

By A1 | January 27, 2025
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Gold prices fell below $2,760 per ounce on Monday as investors awaited the U.S. Federal Reserve’s policy decision this week. The central bank is expected to hold rates steady, marking a pause in the rate-cutting cycle that began in September. However, markets are closely watching the Fed's response to President Donald Trump’s push for further rate cuts. Although gold is seen as a hedge against inflation, Trump’s policies are considered inflationary, potentially prompting the Fed to keep rates higher for longer, which could reduce gold’s attractiveness. Additionally, a stronger U.S. dollar, driven by renewed tariff concerns after Trump announced sanctions and tariffs on Colombia, added downward pressure on gold prices.

#GoldPrices #FederalReserve #InterestRates #TrumpPolicies #USDollarStrength #InflationHedge #GoldMarketUpdate #TariffConcerns

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