Gold Retreats As Traders See Slower Fed Rate Cuts in 2025

GOLD - JAKARTA. Gold slipped on Tuesday under pressure from a strengthening U.S. dollar and climbing Treasury yields as investors focused on the Federal Reserve's final policy meeting of the year with growing expectations of a gradual pace of rate cuts in 2025.

Spot gold was down 0.6% at $2,636.89 per ounce, as of 9:18 a.m. ET (1418 GMT). U.S. gold futures shed 0.7% to $2,650.50.