π Gold dips as Fed hike fears weigh on prices
Gold prices are currently trading below $4,300, signaling a slight pullback in the market. This drop is being influenced by expectations surrounding the Federal Reserve's interest rate hikes. Specifically, market bets on these hikes are capping potential upward movement in the metal. The movement comes as the upcoming meeting between Trump and Xi is anticipated globally. Investors are now watching these economic indicators closely for future trends.