Investors Eye Fed Minutes for Gold Price Guidance, as Precious Metal Surpasses $2,000 Mark This week, gold has consistently stayed above the $2,000 mark, a sign of the market’s high anticipation for insights that could shape the monetary policy landscape. Analysts from ING suggest that the Federal Reserve’s policy decisions will be pivotal for gold’s price trajectory in the coming months, noting that higher borrowing costs usually have a negative impact on gold prices. Meanwhile, base metals showed mixed performance, with aluminum dropping by 0.5% to $2,186 a ton, whereas copper saw a slight increase of 0.2%, reaching $8,442.0 a ton, reflecting a varied market response across different commodities. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold vs. Bitcoin Investments [Debating the pros & cons] READ MORE UAE Aims for Gold Standard in Online Trading Transparency READ MORE Currencies Rally Against Dollar as Fed Rate Cut Expectations Grow READ MORE Year of the Dragon: Surge in Singapore’s Gold & Silver Sales | Chinese New Year 2024 READ MORE Global IT Outage Causes Financial Chaos and Delays READ MORE Add a Comment Cancel replyYour email address will not be published.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