Gold prices remain close to a record high amid safe-haven demand driven by concerns over U.S. President Trump’s tariff plans and potential inflation. Spot gold was nearly unchanged, with investors closely monitoring the Federal Reserve’s response to economic changes and upcoming inflation data.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.