Gold consolidates with Fed caution keeping bulls in check

Gold (XAU/USD) is easing slightly as investors reassess the Federal Reserve's cautious monetary policy following its latest rate cut. This cautious stance from the Fed is putting a brake on bullish movements in the gold market. Although interest rates remain low, gold prices are stable without aggressive buying from investors, who appear wary of entering positions at lower levels. Market participants are concerned about whether inflation rates will continue to be persistent, leading to a lack of clear direction in gold prices. The market sentiment remains cautious, and investors are waiting for new data to guide their decisions. Until a clearer indication of future rate policy is given, gold's movements may remain limited.