Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
neutral
2 days agoGold slides as investors await Fed’s policy direction
Gold prices dropped over 2 % to $3,980 per ounce as investors reduced hedge exposure ahead of the Federal Reserve’s upcoming interest-rate decision. The pullback follows a broader rally in equities and a strengthening U.S. dollar. Traders said profit-taking and easing geopolitical tensions contributed to the decline. Analysts view the drop as temporary, noting that central-bank buying and long-term inflation expectations still underpin bullion demand. The next support zone is seen near $3,950 if risk sentiment continues improving.
Explore:Mutual Fund Categories
neutral
2 days agoGold slides as investors await Fed’s policy direction
Gold prices dropped over 2 % to $3,980 per ounce as investors reduced hedge exposure ahead of the Federal Reserve’s upcoming interest-rate decision. The pullback follows a broader rally in equities and a strengthening U.S. dollar. Traders said profit-taking and easing geopolitical tensions contributed to the decline. Analysts view the drop as temporary, noting that central-bank buying and long-term inflation expectations still underpin bullion demand. The next support zone is seen near $3,950 if risk sentiment continues improving.
Explore:Mutual Fund Categories
neutral
Gold slides as investors await Fed’s policy direction
2 days ago
1 min read
78 words
Gold declined over 2 % to below $4,000/oz as investors trimmed safe-haven positions before the Fed’s policy meeting.
Gold prices dropped over 2 % to $3,980 per ounce as investors reduced hedge exposure ahead of the Federal Reserve’s upcoming interest-rate decision. The pullback follows a broader rally in equities and a strengthening U.S. dollar. Traders said profit-taking and easing geopolitical tensions contributed to the decline. Analysts view the drop as temporary, noting that central-bank buying and long-term inflation expectations still underpin bullion demand. The next support zone is seen near $3,950 if risk sentiment continues improving.
Gold prices dropped over 2 % to $3,980 per ounce as investors reduced hedge exposure ahead of the Federal Reserve’s upcoming interest-rate decision. The pullback follows a broader rally in equities and a strengthening U.S. dollar. Traders said profit-taking and easing geopolitical tensions contributed to the decline. Analysts view the drop as temporary, noting that central-bank buying and long-term inflation expectations still underpin bullion demand. The next support zone is seen near $3,950 if risk sentiment continues improving.
Tags:
markets
commodities
markets
commodities
gold
Fed
macro
Oct 28, 2025 • 20:26 IST