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 De-Dollarization: BRICS Shifts $260 Billion Trade Away from Dollar READ MORE Anticipation Builds for Potential Fed Rate Cuts in 2024 READ MORE Google Search for ‘Buy Gold’ Up 64% as Market Crashes READ MORE Japan's ¥9.8 Trillion Currency Intervention Defended by Finance Minister READ MORE Fed's Favored Inflation Measure May Show Softer Rise Than CPI Suggests READ MORE Add a Comment Cancel replyYour email address will not be published.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