Gold Wavers on Dimmer Fed Cut Outlook, Jitters Over Tech Stocks

Gold wavered as assets from equities to cryptocurrencies declined on fading expectations for US interest-rate cuts and nervousness over tech earnings. Equity gauges were in the red across the globe as jitters over lofty valuations amplified the risk-off mood ahead of a Nvidia Corp. report on Wednesday. While gold often performs well when investors seek haven from market turmoil, it can also suffer in the short term as traders are forced to unwind leveraged positions. Most Read from Bloomberg Both gold a ...