Gold futures hold inside range as FOMC meeting begins.
Discuss Gold futures trading in an inside range as volume declines for the third consecutive session. Cover the upcoming FOMC rate decision, with CME Group's CME FedWatch Tool pricing in a 92% probability of a rate hike following higher August CPI and PPI prints. Touch on the 10-Year Treasury yield briefly crossing 5% and a stronger dollar creating headwinds for gold.
Discuss Gold futures trading in an inside range as volume declines for the third consecutive session. Cover the upcoming FOMC rate decision, with CME Group's CME FedWatch Tool pricing in a 92% probability of a rate hike following higher August CPI and PPI prints. Touch on the 10-Year Treasury yield briefly crossing 5% and a stronger dollar creating headwinds for gold.