Gold holds steady ahead of Fed decision
- Posted on September 18, 2024
- By Business News Today
- 2 Views
Gold holds steady ahead of Fed decision
Gold prices remained steady as the market anticipated a Federal Reserve interest rate cut, the first in over four years. Spot gold slightly increased to $2,572.11 per ounce, while U.S. gold futures rose to $2,598.30. The Fed's decision is expected later today amid geopolitical tensions involving Hezbollah and Israel.