Gold Rebounds After Sharp Decline, Capped by Fed's Restrictive Signals

Gold prices recovered from a sharp decline to trade around $4,002.90/oz, after earlier rising 0.5% to $4,051.31. The rebound is limited by the Federal Reserve's restrictive monetary policy signals, which continue to pressure the metal. The development reflects ongoing market sensitivity to Fed policy expectations, with gold's trajectory hinging on future rate decisions.

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