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 Record Inflows Catapult Bitcoin Near All-Time Highs READ MORE Gold Particles Found in Emissions from Antarctica’s Tallest Volcano READ MORE US Continuing Jobless Claims Hit Two-Year High, Signaling Labor Market Shift READ MORE Golden Surge on the Horizon: UBS Predicts a 10% Leap Amid Rate Cut Speculations READ MORE Tech Titans Propel S&P 500 to Unprecedented 5,600 Milestone READ MORE Add a Comment Cancel replyYour email address will not be published.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