The US Federal Reserve kept interest rates steady at 4.25%-4.5%, halting rate cuts after a 100 basis point reduction since September. Market expectations for a rate cut have shifted to June. Fed Chair Jerome Powell warned that if inflation remains stubborn or the labor market weakens, rates could stay higher for longer or be further eased. Political factors may influence the decision.
Gold trading hits $298 billion daily in March, says WGC report
Gold’s daily trading volume surged to $298 billion in March 2025, reinforcing its status as a highly liquid, resilient asset. The World Gold Council highlights
May 21, 2025