Gold Prices Struggle Below $2K Amid Rate Hike Fears

Gold Prices Hover Below $2,000 Amid Interest Rate Concerns

In a recent market update, gold prices showed minimal movement, staying below the significant mark of $2,000 per ounce. This stagnation comes amidst growing anticipation of persistent high U.S. interest rates, which continue to impact the appeal of the precious metal unfavorably. As of now, gold was observed at a standstill, priced at $1,992.27 an ounce, with its April futures marginally dropping to $2,003.70 an ounce.