Gold prices are under pressure due to a stronger US dollar and rising Treasury yields, as investors await the Fed's final policy decision of the year. Market expectations point to a 25-basis-point rate cut, but concerns about inflation and upcoming economic data may affect future rate decisions. With the Fed’s updated projections and market sentiment in play, the outlook for gold remains uncertain, with potential risks skewed to the downside.

Gold Prices Slide Ahead of Fed Meeting Amid Strong Dollar and Rising Yields

Dec 18 2024