Gold steady after worst week since June as Fed meeting looms
📡 Bloomberg Markets · 1 min read ·
Part of composite article Fed Set to Hold Rates as 170 S&P 500 Companies Report Earnings and Inflation Data Looms View full article →
Gold prices held steady on Monday after posting their biggest weekly drop since June. Traders are now focused on the Federal Reserve's upcoming policy meeting.
The weekly decline came as stubbornly high energy prices continued to weigh on markets. Investors are watching to see how the Fed responds to persistent inflation pressures at its next meeting.