Browsing: macroeconomic stability

As global commodity markets absorbed the impact of a quarter-point increase in interest rates by the U.S. Federal Reserve, bullion encountered renewed downward pressure across international trading desks. Spot gold fell by 1 percent to $4,249 per ounce, reaching multi-session lows amid rising sovereign yields and tighter monetary policies. The rise in interest rates has made holding physical gold less attractive, prompting institutional investors to shift their portfolios towards fixed-income investments.