Gold prices experienced a slight pullback from the record high 2,617 of around $2,580-$2,595 reached the previous day, closing lower 2,592 for the first time in four days on Tuesday. This decline was primarily due to profit-taking, but it lacked momentum as traders chose to remain cautious ahead of this week’s significant central bank events. The Federal Reserve will announce its decision at the end of a two-day meeting on Wednesday, followed by the Bank of England’s meeting on Thursday and the Bank of Japan’s policy update on Friday.
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