Gold slips 0.5% as oil prices stoke inflation fears ahead of Fed decision
Spot gold was down 0.5% at $4,037.1 on Wednesday after climbing about 1% in the previous session. Investors awaited the Federal Reserve’s policy decision later in the day.
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 0.5% at $4,037.1…