Gold Falls Below $4000 as Dollar Rally Weighs on Metals

Gold prices slipped below the $4000 mark amid a stronger US dollar and shifting Fed rate expectations after the latest FOMC meeting. Spot gold traded near $3978.80 an ounce, down 3.19%, while silver dropped 5.39% to $58.150. Revised projections lifted the median policy rate to 3.8% by end-2026.