Gold Prices Climb as Market Awaits Fed's Inflation Decisons Gold prices edged up on Monday as U.S. Treasury yields eased, with investors focusing on upcoming inflation data that could influence the Federal Reserve’s interest rate decisions. Spot gold rose 0.3% to $2,327.58 per ounce, while U.S. gold futures increased 0.4% to $2,340.00. Analysts suggest that if U.S. economic data confirms a soft landing, it could allow the Fed to cut interest rates, potentially supporting gold prices to reach $2,600 per ounce by year-end. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gas Prices Hit Six-Month Low: What's Driving the Downward Trend? READ MORE China's Top Banks Launch $8.3 Billion Bond Sale to Boost Capital Reserves READ MORE Fed's Focus Shifts: Slowing Quantitative Tightening is Key READ MORE S&P 500 Nears Worst Month in Over a Year as Rising Yields Signal Inflation Concerns READ MORE Insider Alert: Mike’s Made a Change in His Portfolio READ MORE Add a Comment Cancel replyYour email address will not be published.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