Published: 26-12-2024, 04:30 am | Updated: 26-12-2024, 11:17 am
Gold futures face downward pressure as the US Dollar gains strength, driven by expectations of higher interest rates under the newly-elected President Donald Trump. The Federal Reserve’s hawkish outlook and indications of prolonged higher rates have dampened gold’s appeal, causing it to hit a one-month low. Investors remain cautious, assessing the implications of the Fed’s stance and the upcoming presidential transition.







