Gold Prices Surge Ahead of US Federal Reserve Decision

Gold prices climbed sharply today as markets anticipated the upcoming Federal Reserve interest rate decision. Spot gold rose to its highest level in three months, driven by safe-haven demand and a weaker US dollar. Analysts expect continued volatility in the precious metals market throughout the week.

Dubai gold souk traders reported brisk buying activity, with 22K gold remaining the most sought-after karat among retail investors in the region.