Gold prices were steady early on Wednesday as the market awaits the end of the two-day meeting of the Federal Reserve’s policy committee that is expected to leave interest rates unchanged.
Gold Prices
Gold Market Reaction: XAU/USD Dips Below $2,500 Amid US Dollar Recovery
Introduction In the latest market developments, gold (XAU/USD) has experienced a noteworthy dip below the $2,500 mark, primarily driven by the resurgence of the US Dollar (USD). The week began on a relatively quiet note for the financial markets; however, the strengthening of the USD has significantly impacted gold prices, leading to an important shift …