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Gold eases from record peak; Fed decision in focus

Gold slightly eases after reaching a record high, as profit-booking kicks in and focus shifts to the U.S. Federal Reserve policy decision. Spot gold fell 0.2% to $3,027.89 an ounce after hitting an all-time peak of $3,045.24. Investors are concerned about an economic slowdown and risks of recession due to Trump's tariff policy and conflict in Israel. The Fed is expected to maintain its benchmark interest rate within the 4.25%-4.50% range.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14514569/Gold-eases-record-peak-Fed-decision-focus.html
Source Id: 2025-03-664776980

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