Gold slips on Fed rate move, but investor worries about inflation and more persist
Gold has run up this year because of worries about inflation, the economy and government spending persist.
Gold has had a terrific runup in 2025, jumping about 41%. It dipped on Wednesday in the wake of the Federal Reserve's decision to trim the Federal Funds Rate slightly.
The new rate is a range of 4% to 4.25%; it had been 4.25% to 4.5% since December 2024. The rate is what the Fed wants member banks to charge each other for overnight loans they use to meet regulatory requirements for reserves.
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