Gold prices rose to $3,299 on Monday morning.The jump came ahead of the Fed's next interest rate decision on Wednesday.Rates are widely expected to remain unchanged, despite pressure from President Donald Trump.

As gold prices hit a two-week peak, investors are weighing whether it’s the right time to buy. While tariff-driven uncertainty and potential Fed dovishness support gold’s rally, some analysts caution that near-term volatility could persist, depending on the Fed’s tone and Trump’s policy moves.

Gold firmed on Monday, supported by a softer dollar, as investors waited to see how U.S.-China trade relations will unfold, and for the Federal Reserve's policy meeting due later this week. Spot gold gained 0.