Market Watches Fed and Inflation Cues as Gold Steadies at $2,300 Gold prices remained steady around $2,300 an ounce in Asian trade on Wednesday, as traders awaited key signals from a Federal Reserve meeting and upcoming inflation data. Despite recent declines due to rising Treasury yields and a stronger dollar, gold found support at this level. The Fed is expected to keep rates unchanged but future rate decisions and the potential for rate cuts in September remain under scrutiny, especially with persistent inflation and a robust labor market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation Eases, But Its Impact Lingers in American Lives READ MORE U.S. Jobless Claims Hold Steady, Suggesting Strong Labor Market READ MORE How Do I Sell My Gold for Cash? READ MORE Gold Dips as Fed Signals Only One Rate Cut for 2024 READ MORE Financial Anxiety Surges: 4 in 10 Americans Worried About Paying Bills READ MORE Add a Comment Cancel replyYour email address will not be published.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