Ahead of this week's Federal Reserve meeting, gold prices rose slightly. ANZ research Analyst stated: "Although the interest rate cut seems settled ahead of this week's Federal Reserve meeting, investors are concerned about the Fed pausing cuts in January." However, heightened geopolitical risks support safe-haven demand. According to Statistics, last week the holdings of Gold ETFs increased, and speculators added net long positions. ANZ expects that next year Gold will reach a historical high of $2900 per ounce, supported by strong investment Inflow, resilient physical demand, and increased purchasing volume. New York Gold Futures prices are currently up 0.1% to $2677.90 per ounce.