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Gold Slips as Traders Eye Fed Outlook
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Gold declines as Fed’s cautious stance tempers rate-cut hopes.
Gold prices edged lower as investors reassessed expectations for U.S. interest rate cuts. Despite softer inflation data, the Federal Reserve has signaled caution, keeping markets uncertain about the timing of monetary easing. The pullback comes after gold recently touched near-record highs, with traders balancing safe-haven demand against tighter policy risks.