Gold futures edged lower at the start of this important trading week as global financial markets brace for the upcoming US inflation report and Federal Reserve policy meeting. Gold prices had been trending lower over the past week, falling more than 2% amid expectations that interest rates will remain elevated for longer. According to gold trading platforms, gold prices fell to the $2,287 support level before bouncing back to settle around $2,310 per ounce at the time of writing. Prior to that, gold prices had risen 12% since the beginning of the year and were up nearly 18% over the past 12 months. In line with ... (full story)