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Oil Slips While Gold Holds Steady Amid Fed Policy Caution
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Oil prices dipped slightly while gold held firm as traders positioned cautiously ahead of the Fed’s next interest-rate signal.
WTI crude slipped 0.3% to $61.6 a barrel while gold steadied near $4,109/oz as traders digested mixed inflation signals. Analysts said easing commodity volatility reflects market confidence that the Fed’s next move will be measured, not aggressive. Energy markets continue adjusting to shifting geopolitical supply flows and reduced speculative positions, while bullion traders maintain modest safe-haven exposure ahead of the Fed’s policy decision.