interest rate
Brent crude futures for February rose by 0.4 percent to $73.20 a barrel
Expectations of fewer cuts in 2025 pushed gold prices to their lowest since November 18 last week
The Bank indicated that the economy underperformed, reporting no growth from October to December
Gold prices have lost around 2 percent so far this week
Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel
Investor sentiment was impacted after the central bank signaled fewer rate cuts next year
Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel
Brent oil futures for February delivery held steady at $73.20 a barrel
Market focus is on the bank's economic projections and the dot plot which may offer additional insights into the monetary policy trajectory
Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings
Brent Oil Futures decreased by 0.2 percent, settling at $73.81 per barrel
