Gold prices strengthened slightly in the early Asian session ahead of today's FOMC meeting results. Spot gold rose around 0.1% to around $4,210.85 per troy ounce, with investors opting for caution while awaiting the Fed's decision, which could trigger a new direction for the precious metal.

Generally, the market has already expected a 25 basis point interest rate cut, so the main focus is no longer on the figure, but on the latest economic projections and the communication style of Fed Chairman Jerome Powell. Analyst Daniel Takieddine of Sky Links Capital Group believes that Powell's remarks at the press conference could move market sentiment more than the interest rate decision itself.

Looking ahead, if the Fed signals a more aggressive policy in 2026—for example, if the window for interest rate cuts narrows—gold could potentially come under pressure as the appeal of yield-bearing assets could increase. Conversely, if the Fed's tone is softer and opens the door to further easing, gold has the potential to continue rising, as it is considered an attractive hedge against a backdrop of lower interest rates. (az)

Source: Newsmaker.id