Gold Edges Down as Markets Eye Fed's 2025 Monetary Policy Outlook

GOLD - NEW YORK. Gold prices edged lower as the dollar held firm on Wednesday, with investors awaiting a key U.S. Federal Reserve decision expected to shape market sentiment and gold's trajectory by outlining the central bank's 2025 outlook.

Spot gold slipped 0.3% to $2,637.13 per ounce by 10:00 a.m. EST (1500 GMT). U.S. gold futures were down 0.3% at $2,653.20.