Gold prices remain steady after reaching an all-time high, as U.S. Federal Reserve officials express support for future interest rate cuts. Spot gold is near $2,625.52 per ounce, while U.S. gold futures are slightly lower at $2,650.30. Federal Reserve Bank of Chicago President Austan Goolsbee expects more rate cuts over the next year to achieve a soft landing for the economy. Fed futures traders have priced in 75 basis points in rate cuts by the end of the year. Gold is often favored in a low interest rate environment and during geopolitical uncertainty.