Wall Street Stays Cautious Ahead of Fed as Main Street Turns Bearish After Gold Tests $4,000

Gold saw volatility last week, opening at $4,327.46 per ounce, hitting a high of $4,362.94 on Tuesday before plunging to $4,023.10 on Wednesday after May CPI rose 4.2% year-over-year. The metal closed at $4,210.52 following a limited rebound.