Gold Prices Decline as Investors Cash In Amid Fed Rate Cut Uncertainty Gold prices dropped by 0.3% to $2,344.20 per ounce on Tuesday as investors took profits after a recent rally, influenced by a reduced likelihood of Federal Reserve rate cuts. Despite the decline, gold remained on track for a fourth consecutive month of growth. The market is now awaiting key U.S. inflation data. The drop follows Fed meeting minutes suggesting the current interest rate will be maintained, with discussions of potential future hikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Harris to Outline Economic Vision at Chicago Convention READ MORE Elon Musk Sounds Alarm on U.S. Fiscal Health as Debt Interest Consumes Tax Revenue READ MORE Gold Standard Could Be the Key to Ending Price Volatility, Fed Study Suggests READ MORE Dollar's Dominance Under Scrutiny: Morgan Stanley's Perspective READ MORE Oxford: Recession Fears Ease as US Economy Shows Signs of Stabilization READ MORE Add a Comment Cancel replyYour email address will not be published.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