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 Ports as Pawns: The $2 Trillion Transformation of Global Trade Hubs READ MORE World Gold Council Launches 'You are Gold' Campaign in India READ MORE ADP Data Shows Slower Private Payrolls Growth in May READ MORE Bond Market's Recession Alarm Continues, Stock Market Impact Uncertain READ MORE Gold Wavers as U.S. Economic Slowdown Spurs Rate Cut Speculation READ MORE Add a Comment Cancel replyYour email address will not be published.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