Gold hovered above the key $4,000 mark as markets await a raft of central bank decisions headlined by the Federal Reserve. The precious metal maintained its position above the psychological threshold, with investors closely monitoring signals from policymakers. The market attention turns to the Federal Reserve's upcoming meeting, which could provide direction on interest rates and inflation outlook.
Other central banks' decisions are also in focus, adding to the complex macroeconomic backdrop. Trading activity reflected cautious positioning as participants weighed multiple policy outcomes.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing