Gold prices were little changed on Wednesday after four straight days of gains and ahead of the Federal Reserve's rate decision later in the day.
Spot gold was little changed at $4,330.65 an ounce while U.S. gold futures were down 0.1 percent at $4,349.20.
The U.S. central bank is widely expected to keep interest rates unchanged despite concerns over persistent inflation.
With investors focused on macroeconomic conditions and policy direction, all eyes will be on the policy statement, updated economic projections, and Kevin Warsh's first post-meeting press conference.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.