Gold futures settled $2.40 lower (-0.1%) at $4,036.30/oz, as investors weighed pressure from higher Treasury yields and a stronger U.S. dollar ahead of the Federal Reserve’s policy decision.
Easing geopolitical tensions reduced safe-haven demand, though ongoing inflation concerns and uncertainty around interest rates kept gold supported near the $4,000 level.
U.S. Dollar Index is less than -0.1% lower to $101.35.