On Monday, the SPDR Gold Shares ETF (GLD) settled at $187.19, up $0.38 or +0.20%. Atlanta Federal Reserve President Raphael Bostic doubts the likelihood of interest rate cuts, even in the event of a recession, citing the slow decline in inflation as a factor. Chicago Fed President Austan Goolsbee emphasizes a cautious approach, monitoring credit stresses, the debt ceiling situation, labor market conditions, and prices.