Asian market gold prices stable in early trading, waiting for the Federal Reserve policy decision and watching for developments in the tariff negotiations.

Prices remained steady on Wednesday as investors held off on making big bets ahead of the policy statement from the Federal Reserve later in the day, in search of clues for future interest rate cuts; the market continues to focus on the U.S. trade negotiations before the August 1 deadline. Spot gold held steady at $3,329.19 per ounce. U.S. gold futures edged up 0.1% to $3,327.70. Investor attention has shifted to the Federal Reserve's policy meeting to gauge its future path of rate cuts. Despite Trump's continued calls for rate cuts, the market widely expects the Federal Reserve to keep rates unchanged this week.