Gold Lingers Near Three-Month Low Ahead Of Fed Policy Meeting
Spot Gold Falls 0.2% To $3,987.45/Oz After 4% Weekly Drop, Biggest Since June - December US Gold Futures Fall 0.2% To $4,000.80/Oz - Traders Price About 9% Chance Of Fed Hike This Week And 80% In December - Markets Await Fed Decision And PCE Data As Elevated Energy Prices Fuel Higher-For-Longer Rate Expectations
Spot Gold Falls 0.2% To $3,987.45/Oz After 4% Weekly Drop, Biggest Since June - December US Gold Futures Fall 0.2% To $4,000.80/Oz - Traders Price About 9% Chance Of Fed Hike This Week And 80% In December - Markets Await Fed Decision And PCE Data As Elevated Energy Prices Fuel Higher-For-Longer Rate Expectations