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 Bond Traders Eye Possibility of 50 Basis Point Fed Rate Cut After Inflation Data READ MORE Currency Made of Actual Gold Hoping to Reach Nevadan’s Wallets READ MORE Gold Prices Rise as Market Eyes Potential Fed Rate Cuts READ MORE ECB's Second Rate Reduction Signals Gradual Shift in Monetary Policy READ MORE What Is Gold Liquidity and Why Is It Important? READ MORE Add a Comment Cancel replyYour email address will not be published.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