SKN | Gold Holds Near $4,000 as Fed Signals Pause and Trade Truce Eases Safe-Haven Demand
Commodities Market Gold prices steadied on Monday, hovering near $4,000 per ounce, as investors recalibrated expectations for U.S. monetary policy and digested easing geopolitical tensions following a new U.S.-China trade agreement. While the Federal Reserve’s latest rate cut was widely anticipated, Chair Jerome Powell’s remarks signaling a potential pause in the easing cycle weighed on bullion, traditionally […]