Gold rises in holiday-truncated week; Fed’s 2025 outlook weighs – Markets

Gold prices edged higher on Tuesday, as investors braced for a less aggressive path of interest rate cuts from the Federal Reserve next year, in a holiday-truncated trading week.

Spot gold ticked up 0.1% to $2,616.13 per ounce, as of 0307 GMT.

US gold futures steadied at $2,629.80. Trading volumes will likely thin out as the year-end approaches. Investors are now focused on how rapidly or…

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News Source: www.brecorder.com


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