Gold Under Pressure as Rate-Cut Hopes Fade: Time to Buy the Dip?

Gold prices have been under pressure in recent trading sessions, pressured by receding expectations for another U.S. interest-rate cut next month. Prices briefly slipped below $4,000 an ounce before trimming losses following a three-day slide, per Bloomberg, as mentioned on Yahoo Finance.Investors are awaiting key data delayed by the U.S. government shutdown, while several Federal Reserve officials warned against easing policy — though Governor Christopher Waller expressed his support for a cut. Meanwhile, ...