SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE M impact

Gold slips as oil prices fuel inflation concerns before Fed meeting

Spot gold was down 0.3% at $4,045.2 on Wednesday after rising about 1% in the previous session, as investors awaited the Federal Reserve's policy decision.

GOLDXAUUSD

By Sukanya MitraGold prices ticked lower on Wednesday after the previous session's climb of about 1%, as higher oil prices stoked inflation fears while investors awaited the Federal Reserve's policy decision later in the day for clues to the rate outlook.Spot gold TVC:GOLD was down 0.3% at $4,045.2…