Gold remains near $4,145 amid Fed outlook

Gold prices increased modestly as the dollar declined and investors awaited the Federal Reserve's meeting next week. The spot price of gold reached approximately $4,134.65 per ounce, with a slight rise to $4,145.22 per ounce in the latest trading. It is expected that the Federal Reserve will keep interest rates unchanged at the October 27-28 meeting, with a high likelihood of a rate hike in December. Expectations regarding interest rates and bond yields influence gold's attractiveness as a safe-haven investment. Additionally, market attention remains focused on US inflation data to gauge the future market direction.

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