Gold Holds Steady as Markets Await Fed's 2025 Outlook

Gold prices remained stable on Wednesday as investors cautiously awaited the Federal Reserve’s policy decision and 2025 economic projections. Spot gold dipped slightly to $2,643.79 per ounce, with markets anticipating potential interest rate cuts in the coming year. The Fed’s guidance on future rate adjustments will be crucial for gold’s trajectory, as lower rates typically boost the appeal of non-yielding assets like gold.