Gold prices below $2,700 amidst strong dollar and Fed decision - London Business News | Londonlovesbusiness.com
Briefly

Gold is currently struggling to maintain its safe-haven status as the U.S. dollar strengthens, driven by optimistic economic expectations under Trump's administration.
The market views the dollar as the new haven, overshadowing gold's traditional role, with reduced political risks leading to a decline in gold investments.
Geopolitical tensions have not bolstered gold's appeal as a haven, as investors shift towards the dollar amidst new trade policies and positive economic forecasts.
Upcoming Federal Reserve decisions are critical for gold; a 25-basis point rate cut could support gold's attractiveness, but strong dollar pressures remain a concern.
Read at London Business News | Londonlovesbusiness.com
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