Gold Holds Near $4,000 as Fed Meeting Looms

Gold prices held steady near $4,000 after a volatile week, despite initially climbing above $4,100 due to softer U.S. inflation data.

The Federal Reserve's interest-rate decision, U.S. GDP figures, and the latest PCE inflation data are all scheduled to provide fresh clues about the direction of monetary policy and the broader economy.

China's gold imports surged in June, but overall demand remains subdued, indicating mixed signals for future price stability.