Gold prices dip as investors await Fed's policy decision
Gold slipped to about $4,182 per ounce on Monday, with investors watching the US Federal Reserve's big policy call coming up.
A small rate cut is expected, which usually makes gold more attractive.
Why does this matter?
Gold is still a go-to safe haven when things feel uncertain—think economic worries or global tensions.
If you're looking to protect your money from stock or crypto swings, gold keeps showing up as a solid option.
What's behind the moves?
All eyes are on Fed Chair Jerome Powell for clues on what's next.
Even though the US dollar got a little stronger thanks to rising Treasury yields, talk of a rate cut kept gold from falling further.
Meanwhile in India, gold prices have been fluctuating and recently experienced a fall, and silver is still riding high as demand for precious metals stays strong.