Gold Price Today: Yellow metal trade remains subdued ahead of monetary policy outcomes of major central banks
Gold trading was subdued on Monday as investors awaited monetary policy decisions from major economies, including the Bank of Japan on 27 April, the US Federal Reserve’s Federal Open Market Committee meeting on 2-3 May, the European Central Bank on 4 May and the Bank of England on 11 May. The yellow metal was struggling to remain above $2,000 per ounce, and was under pressure as the US Federal Reserve’s aggressive monetary tightening policies to curb inflation weighed on prices.
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