Gold Prices Hold Steady Ahead of Fed Rate Decision

From Financial Modeling Prep: 2024-12-18 04:49:51

The U.S. dollar index held steady at 106.98, up 0.05%, as investors awaited the Federal Reserve’s policy meeting. Expectations are for a 25 basis points rate cut, but focus is on the Fed’s tone and projected rate trajectory for 2025. Market watchers are closely monitoring the outcome.



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