Gold holds steady as investors await Fed minutes

Gold prices remained largely unchanged as market participants await insights from the Federal Reserve's upcoming meeting minutes. Spot gold held at $4,159.62 per ounce, while December futures were trading at $4,187.30.

Investor sentiment continues to be shaped by Fed discussions on potential interest rate movements amid persistent inflation and recent weak economic data. Many investors are shifting towards yield-generating assets rather than holding gold, reflecting expectations around monetary policy changes.