Wednesday, May 7, 2025 - 18:32
Gold futures retreated Wednesday as investors responded to the Federal Reserve's unanimous decision to maintain its benchmark interest rate between 4.25% and 4.50%, where it has remained since December 2024. The precious metal closed near its daily low, with the most active June 2025 contract settling at $3,391.90, down $30.90 or 0.9% from its opening price of $3,448.10.