The gold market remains relatively calm as traders prepare for the upcoming Federal Open Market Committee (FOMC) Statement set to be released Wednesday. The situation is further complicated by ongoing geopolitical issues stemming from the Iran-Israel conflict. Market participants are evaluating these factors as gold prices hover near significant levels. Investors should keep a close watch on potential shifts that could spark momentum in the gold market. Understanding the interplay between geopolitical events and central bank decisions will be crucial for navigating investment strategies in this precious metal sector.