United States

Investors will closely watch the Fed's interest rate decision on Wednesday, with no change in interest rates expected

U.S. economy grew faster than expected in Q2, but inflation pressures eased, maintaining market expectations of a September rate cut

If the PCE data reveals that inflation is slowing and the Fed can cut rates in September, gold prices will likely surge

In a bid to boost demand, India slashed import duties on gold and silver from 15 percent to 6 percent

Gold prices reached a record high of $2,483.60 last week as markets expected a 25-basis-point U.S. interest rate cut by September
