Gold steadies as investors await US Fed rate decision
- Posted on January 29, 2025
- By Business News Today
- 2 Views
Gold steadies as investors await US Fed rate decision
Gold prices remained stable on Wednesday following a slight recovery driven by tech-related market selloff. Investors are focusing on the Federal Reserve's meeting, with anticipation over its decision on interest rates. The uncertainty around U.S. tariffs has increased the demand for safe-haven assets like gold.