The gold market is trading just off session highs above $1,750 an ounce as the Federal Reserve signals a slower pace of rate hikes through year-end, according to the minutes of the November monetary policy meeting. Although persistently high inflation remains a significant threat, the central bank committee said that it would be appropriate to slow the pace of rate hikes. “A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate. A slower pace in these circumstances would better allow the Committee to assess progress toward its goals of maximum employment ... (full story)