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Gold drops after two-week high
Gold prices declined after reaching a two-week high, falling by 0.6% to $4,148.73 per ounce, after approaching the $4,202 level. It is worth noting that gold futures rose by 0.8% to $4,160.40. This came amid a slight increase in the U.S. dollar value by 0.2%, as markets await the Federal Reserve's meeting minutes to determine the future direction of interest rates. Experts also indicated that gold is attempting to stabilize within a range between $3,900 and $4,000, with expectations that the meeting's data will provide further insights into the future of monetary policy.
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