Spot gold prices climbed to approximately $4,110 per ounce on Friday, marking a second consecutive session of gains following the Federal Reserve's latest policy decision.
The advance underscores a persistent shift in market sentiment as investors continue to adjust their expectations for the trajectory of US interest rates.
The rally builds on Thursday's 0.7% rise, which saw spot gold reach $4,057.92 per ounce.
That initial move was driven by a combination of softer-than-expected US jobs data and declining oil prices, which together reduced the opportunity cost of holding non-yielding assets.
The current session's strength suggests that the market is digesting the Fed's stance with a renewed focus on potential rate cuts later in the year.
This development marks a significant departure from the bearish sentiment that had weighed on precious metals in recent months.