16 Hrs
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الاقتصادية
Gold remains around $4,375 ahead of Fed comments
Gold prices remain stable around $4,375 per ounce following the Federal Reserve's first interest rate hike since 2023, as traders await policymakers' statements to discuss the impact of high inflation and future rate paths. Experts believe that inflation, which has surpassed the Federal Reserve's 2% target for over five years, continues to drive interest rate increases. Attention is also focused on risks related to tensions in the Middle East and their impact on oil prices, which have remained near $102 per barrel amid market declines. The rise in interest rates exerts a negative pressure on gold, which does not generate returns, while investors are closely watching Federal Reserve officials' moves to gauge the future direction of monetary policy.
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