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Gold Futures Fall 0.2% to $4,066.50 Ahead of Fed Decision

New York gold futures are down 0.2% to $4,066.50 a troy ounce as investors await the Federal Reserve’s rate decision later Wednesday. Higher oil prices and a firmer dollar are cited as pressure.

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Gold prices tick lower as investors await the Federal Reserve's interest-rate decision later on Wednesday. New York futures are down 0.2% to $4,066.50 a troy ounce, pressured by higher oil prices and a firmer dollar. "Markets are watching the outcome of the FOMC later today with no expectation of a…