![Gold fell as traders kept evaluating the outlook for monetary policy](https://market-tracker.in/wp-content/uploads/2023/11/unnamed-600x400.jpg)
Gold fell as traders kept evaluating the outlook for monetary policy
The reason behind the -0.33% decline in gold prices that occurred recently, with a closing price of 61024, is traders assessing the monetary policy environment. The Fed’s cautious approach and intention to continue a tight policy for an extended length of time were evident in the FOMC minutes. With a minor decline in betting on…