Market Watches Fed and Inflation Cues as Gold Steadies at $2,300 Gold prices remained steady around $2,300 an ounce in Asian trade on Wednesday, as traders awaited key signals from a Federal Reserve meeting and upcoming inflation data. Despite recent declines due to rising Treasury yields and a stronger dollar, gold found support at this level. The Fed is expected to keep rates unchanged but future rate decisions and the potential for rate cuts in September remain under scrutiny, especially with persistent inflation and a robust labor market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US Economy Q2 Growth Revised Up to 3% on Strong Consumer and Business Activity READ MORE Lingering Effects from Past Economic Shocks Continue to Drive Inflation in 2024 READ MORE Record Inflows Catapult Bitcoin Near All-Time Highs READ MORE Sprott Money: Gold is About to Break Out READ MORE What Is Velocity of Money & Why Is It VITAL To What Is Coming? READ MORE Add a Comment Cancel replyYour email address will not be published.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