Overview

• Gold prices stabilize around $3,300 per ounce as investors await the Federal Reserve's expected decision to hold interest rates steady.
• Geopolitical tensions, including Middle East conflicts and trade frictions, bolster gold's appeal as a safe-haven asset.
• Central banks and Chinese investors continue to increase gold purchases, contributing to robust global demand.
• A weaker U.S. dollar has made gold more attractive to foreign buyers, further supporting its elevated price levels.
• Silver prices are also rising, though the gold-to-silver ratio above 100 highlights silver's relative undervaluation in the market.