• 2025-07-30

Gold prices steady ahead of Fed decision, Trump’s tariff deadline

Gold prices were largely unchanged in Asian trade on Wednesday as investors weighed persistent U.S. trade uncertainty and awaited the Federal Reserve’s policy decision later in the day, News.Az reports citing Reuters. Spot Gold edged down 0.1% to $3,323.66 an ounce, while Gold Futures also ticked 0.1% lower to $3,378.62/oz by 02:18 ET (06:18 GMT). Bullion saw modest gains in the previous session, supported by trade uncertainty ahead of the August 1 tariff deadline set by President Donald Trump. However, the commodity has fallen in the past few weeks as recent U.S. trade progress eroded demand for haven assets.