💨 Abstract

Gold prices remained steady on Tuesday as investors waited for the Federal Reserve's policy meeting minutes and economic data to gain insight on the U.S. interest rate path. Gold has lost momentum due to a rising dollar and bond yields, but global conflicts, such as the escalating tension between Israel and Lebanon, may limit downside risks as bullion is considered a safe investment during political uncertainty. The focus is on the Fed minutes, U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖