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Gold prices held steady near three-week lows<\/strong> on Tuesday, with a stronger U.S. dollar<\/strong> and easing global trade tensions limiting demand for the safe-haven metal. Investors are awaiting a key U.S. Federal Reserve policy decision<\/strong> due this week, which has added caution to market sentiment.<\/p>\n\n\n\n Gold has declined for four consecutive sessions<\/strong>, as recent U.S. trade progress<\/strong> reduced demand for haven assets. The market was also subdued by optimism from U.S.\u2013EU trade talks<\/strong>.<\/p>\n\n\n\n The U.S. Dollar Index<\/strong> remained in positive territory, rising more than 1%<\/strong> on Monday, boosted by the U.S.\u2013EU trade framework agreement<\/strong> announced on Sunday. The agreement reduced the threat of higher tariffs<\/strong> between the two major economies, supporting a stronger dollar.<\/p>\n\n\n\n A stronger dollar typically makes gold more expensive for overseas buyers, which dulls demand<\/strong> for the metal.<\/p>\n\n\n\n Analysts suggest that the easing trade tensions<\/strong> between the U.S. and EU have reduced the near-term demand for safe-haven assets like gold, as investors shift toward riskier assets.<\/p>\n\n\n\n Attention now turns to the U.S. Federal Reserve’s policy meeting<\/strong>, which began on Tuesday<\/strong>, with a decision expected on Wednesday<\/strong>. The central bank is widely expected to keep interest rates unchanged<\/strong> at 4.25%-4.50%<\/strong>.<\/p>\n\n\n\n However, market participants will be closely watching for any signals about future monetary policy<\/strong> that could impact the dollar and gold prices. The Fed\u2019s stance on interest rates<\/strong> could be pivotal, as any hawkish or dovish indications will influence market sentiment<\/strong>.<\/p>\n\n\n\n Traders are also awaiting a series of U.S. economic data<\/strong> releases this week, including:<\/p>\n\n\n\n These data points will provide further clues about the state of the U.S. economy<\/strong> and influence both the Fed\u2019s policy stance<\/strong> and broader market direction.<\/p>\n\n\n\n In the copper market<\/strong>, U.S. Copper Futures<\/strong> dropped 0.4%<\/strong> to $5.60<\/strong> per pound. Copper prices<\/strong> also fell by nearly 3%<\/strong> on Monday, after Chile\u2019s finance minister<\/strong> stated that the country would push for an exemption<\/strong> from a U.S. tariff<\/strong> on copper.<\/p>\n\n\n\n As copper is a key industrial metal, any tariff-related disruptions can affect global copper supply and demand dynamics, further influencing metal prices.<\/p>\n\n\n\n Gold remains in a range-bound<\/strong> pattern as investors digest trade developments and await the U.S. Federal Reserve’s decision on interest rates. A stronger dollar<\/strong> and reduced trade tensions<\/strong> are weighing on gold prices, while market participants remain cautious ahead of U.S. economic data<\/strong> later this week.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices held steady near three-week lows on Tuesday, with a stronger U.S. dollar and easing global trade tensions limiting demand for the safe-haven metal. Investors are awaiting a key U.S. Federal Reserve policy decision due this week, which has added caution to market sentiment. Gold Price Movements Spot Gold: Up 0.2% at $3,319.25 an …<\/p>\n","protected":false},"author":9,"featured_media":116449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[],"class_list":["post-117133","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=117133"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117133\/revisions"}],"predecessor-version":[{"id":117134,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117133\/revisions\/117134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/116449"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=117133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=117133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=117133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Gold Price Movements<\/strong><\/h3>\n\n\n\n
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Stronger Dollar, U.S.-EU Deal Diminish Gold’s Appeal<\/strong><\/h3>\n\n\n\n
Awaiting U.S. Federal Reserve Meeting<\/strong><\/h3>\n\n\n\n
Upcoming U.S. Economic Data<\/strong><\/h3>\n\n\n\n
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Other Metal Markets and Copper News<\/strong><\/h3>\n\n\n\n
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