Gold Steadies After Weekly Drop as Focus Shifts to Fed Meeting

Gold prices have steadied following their most significant weekly decline since June, as traders monitor high energy prices before the Federal Reserve policy meeting. Simultaneously, copper extended its downward trend as artificial intelligence stocks faced further pressure, reducing overall risk appetite. Both commodities are currently reacting to market uncertainty and economic indicators as investors shift their primary focus toward the upcoming policy decisions and statements expected from the Federal Reserve regarding future monetary directions.