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 Copper Prices Surge as Short Squeeze Sparks US Metal Rush READ MORE Dimon Highlights Commercial Real Estate's Recession-Contingent Future READ MORE U.S. Credit Card Debt Hits Unprecedented $1.13 Trillion, Fed Report Reveals READ MORE Federal Reserve Adopts Scenario Analysis as Inflation Fight Wavers READ MORE Bank of America "Buy Gold Like Central Banks" READ MORE Add a Comment Cancel replyYour email address will not be published.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