Gold Rises 1% as Oil Prices Ease Ahead of Fed Meeting
Spot gold climbed 1% to $4,055.14 per ounce as lower oil prices lent support, with markets awaiting the Fed's policy meeting.
By Vishak MathewGold prices rose about 1% on Tuesday as lower oil prices lent support, with market participants awaiting the Federal Reserve's policy meeting for signals on the future path of US interest rates.Spot gold TVC:GOLD climbed 1% to $4,055.14 per ounce by 1:44 p.m. ET (1744 GMT) after hit…