interest rate
The Fed has held its policy rate in the 4.25-4.50 percent range since December
Traders expect 80 basis points of rate cuts this year after strong job growth reported in April
The easing of trade tensions between the U.S. and China amid hopes for a deal is weighing on gold prices
Cautious approach reflects concerns over U.S. tariffs impacting Japan's recovery prospects
U.S. President Donald Trump said he has "potential" trade deals with India, South Korea and Japan
U.S. consumer confidence dipped to its lowest point in nearly five years amid tariff concerns
Investors will watch key U.S. economic reports this week, including job openings and payroll data
The dollar rose 0.2 percent, making gold bullion pricier for international buyers
Bullion has surged over $700 this year, setting multiple record highs and reaching $3,500.05 on Tuesday
Trump expressed optimism that a trade deal with China could “substantially” reduce tariffs on Chinese goods
Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy
