Gold prices steady ahead of Fed meeting, poised for potential gains.

Gold and silver prices are slightly higher ahead of a busy U.S. data week next week, including inflation reports and the FOMC meeting. The marketplace is looking ahead to next week’s FOMC meeting of the Federal Reserve, which begins Tuesday and ends Wednesday afternoon with a statement and press conference from Fed Chairman Powell. A majority of the marketplace thinks the Fed will pause in its interest-rate-tightening cycle. The silver bulls have gained the overall near-term technical advantage.