Daily Market Report
➢ Gold prices (XAU/USD) remain under pressure below the $5,000 level, though the downside is limited due to mixed market signals.
➢ The metal continues to trade within a narrow range as investors avoid taking strong positions ahead of the FOMC decision.
➢ The US Federal Reserve is expected to keep interest rates unchanged after its two-day policy meeting.
➢Market participants are closely watching the Fed’s policy statement and updated economic projections, especially the dot plot, for future rate signals.
➢ Investors will also analyze remarks from Jerome Powell for clarity on the interest rate outlook.
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