Gold Prices Slide Amid Anticipation of Fed Rate Decision

Gold prices have fallen to $4,025.27 per ounce as investors await the U.S. Federal Reserve's policy decision and comments from Fed Chair Kevin Warsh on inflation trends and interest rates.

The recent bearish momentum in gold prices may reverse if the Fed shifts towards a less hawkish tone, according to market expectations.

The Bank of England and the Bank of Japan are also set to make their policy decisions, with markets broadly expecting them to keep interest rates unchanged.