https://www.instagram.com/vanessaclarkipai This is your Gold podcast. Hey everyone, welcome to another episode of Daily Gold Price Tracker with Vanessa Clark. I'm your host Vanessa, and today we're diving into the latest on gold prices, what's driving the market, and what it all means for you. As of yesterday, April 28th, gold closed sharply lower at around $4,605 per ounce, down about $84 or 1.8% from the previous day. That's according to Texas Precious Metals and Fortune reports, marking its lowest level since late March after a $125 drop earlier in the session. It's been a tough week, with gold shedding nearly 3% amid a stronger U.S. dollar and rising Treasury yields near 4.4%. Why the sell-off? The big story is the Federal Reserve's FOMC meeting kicking off April 28th to 29th. Markets see a 100% chance of no rate change, holding steady at 3.50% to 3.75%, per CME FedWatch and Finance Magnates. Higher real yields make gold less attractive since it doesn't pay interest, and gold-backed ETFs saw outflows in March and April. Add in geopolitical heat—President Trump rejecting Iran's peace talks, pushing oil over $105 a barrel and stoking inflation fears—and you've got pressure on non-yielding assets like gold. Looking ahead, today's Fed announcement at 2 p.m. Eastern could swing things, along with Thursday's Q1 GDP data. Analysts remain mostly bullish long-term: Reuters pegs a $4,916 median for 2026, JPMorgan eyes $6,300, and Goldman Sachs $5,400, though World Bank sees prices capped near current levels. Support sits around $4,300 to $4,200, with risks of a drop to $3,400 if that breaks. For you at home, if you're holding gold, watch those Fed comments for hawkish tones—they could push prices lower short-term. Diversify, stay patient, and consider buying dips if you're bullish on inflation hedges. That's your Daily Gold Price Tracker update—thanks for tuning in, friends! Hit subscribe, share with a buddy tracking commodities, and I'll catch you next time for more gold insights. Take care! For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r This content was created in partnership and with the help of Artificial Intelligence AI.