Santorinina

Santorinina

Gold prices dropped to a one-week low after the Federal Reserve announced its intention to raise interest rates until annual inflation reaches 2%, a move that is expected to put further pressure on the precious metal. Gold futures on New York's Comex fell by $27.50, or 1.4%, to $1939.60 per ounce. The spot price of gold reached $1,920.82, down $9.66, or 0.5%. The...

Santorinina Updated 

The gold market is currently in a holding pattern as investors await monetary policy updates from the Federal Reserve and other central banks this week. Gold prices are relatively stable, with the most active futures contract settling just slightly higher and spot gold showing a small decline. Market analysts suggest that gold traders are cautious and waiting for...