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 Expectations for Student Debt Forgiveness Climb in Latest NY Fed Poll READ MORE Falling Retail Sales Drive Treasury Yields Down, September Rate Cut Likely READ MORE US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat? READ MORE Gold Holds Ground Above $2,512 Amid Mixed Economic Signals READ MORE Affluent Americans Turn to High-End Bunkers as Political Fears Escalate READ MORE Add a Comment Cancel replyYour email address will not be published.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