Gold Prices Decline as Investors Cash In Amid Fed Rate Cut Uncertainty Gold prices dropped by 0.3% to $2,344.20 per ounce on Tuesday as investors took profits after a recent rally, influenced by a reduced likelihood of Federal Reserve rate cuts. Despite the decline, gold remained on track for a fourth consecutive month of growth. The market is now awaiting key U.S. inflation data. The drop follows Fed meeting minutes suggesting the current interest rate will be maintained, with discussions of potential future hikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Powell Signals Potential Rate Cuts Pending Inflation Control READ MORE Household Debt Climbs but Economy Shows Signs of Robust Growth READ MORE Should I Invest in Bullion or Numismatic/Collectible Coins? READ MORE 56% of Americans Unable to Cover $1,000 Emergency Costs READ MORE China's Gold Imports Skyrocket as Middle Class Seeks Stability READ MORE Add a Comment Cancel replyYour email address will not be published.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