Lower Rates Sustain Demand for Non-Yielding AssetsThe FOMC meeting in December was clear: even though there were some internal disagreements, most of the Fed’s policymakers still think there’s room for further easing if inflation continues to slow. The upshot is lower interest rates, which make holding non-yielding assets like gold much less costly, keeping demand for them afloat.Geopolitical Risks and Market Caution Shape Near-Term OutlookThe ongoing conflicts and tensions between nations have added a big ...