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 Precious Metal Continue Climbing on Expectations of Rate Reduction READ MORE S&P 500 Nears Record High, Metals Shine Amid Dollar Dip READ MORE Flat Treasury Yields Reflect Investor Caution Amid Varied Economic Reports READ MORE Rogoff Warns: Biden and Trump Policies Could Skyrocket US Debt READ MORE WAKE UP CALL: "There's Still Time To Prepare…BUT NOT LONG" – Mike Maloney READ MORE Add a Comment Cancel replyYour email address will not be published.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