The price of gold settled amid the ambiguity of the interest track in 2025

Gold prices have moved in a narrow scope amid the evaluation of traders for the possibility of delaying the rate of interest rates by the US Federal Reserve next year. The price of the yellow metal approached 2615 dollars per gram after it closed 0.4% yesterday. While investors accommodate the latest data on US consumer confidence, which unexpectedly declined in December in light of the concerns about the economy due to the uncertainty associated with the upcoming Trump administration policy. Branaf MER, an analyst at the “JM Financial Services” business, said in a memorandum in Mumbai on Tuesday, the price of gold has stabilized amid poor transactions during the holiday period, but the strongest dollar is still pushing the markets. Earlier this month, the Federal Reserve reduced the number of expected interest rate discounts in 2025, when federal President Jerome Powell explained that the US central should drop the price of the price more. Low borrowing costs are usually positive for the precious metal, which is not important. Skin prices have recorded consecutive levels this year, and it is expected to be closed in 2024, an increase of more than 25%. Gold is supported by US financial facilitation, the demand for precious metal as a safe haven and purchases by central banks. But the increase has recently delayed with the rise of the dollar after Trump was elected. The Bloomberg Instant Blooming index rose 0.1% on Tuesday, after the 0.3% increase in the previous session. The power of the dollar makes the goods in green currencies more expensive for most buyers. The price of gold in direct transactions increased 0.1% to $ 2615.12 per ounce at 11:12 p.m. The price of palladium also rose, while the price of silver dropped.