Golden Finance reports that gold fell on Tuesday under pressure from a stronger dollar and rising U.S. Treasury yields, as investors focused on the Federal Reserve's last policy meeting of the year, with growing expectations for gradual rate cuts in 2025. The market widely anticipates that the Federal Reserve will announce a 25 basis point rate cut, and its latest economic forecasts and dot plot are also under close scrutiny, which could reshape expectations for the interest rate trajectory in 2025 and 2026. 'Therefore, the question is whether the Federal Reserve will be more hawkish or more dovish than the current market expectations,' market analyst Fawad Razaqzada said. 'Due to Trump's agenda, people expect the Federal Reserve to be more cautious at this stage about being open to further rate cuts.'