Gold eases as oil prices rise ahead of Fed decision
Gold prices eased as oil prices rose ahead of the Federal Reserve decision.
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Gold prices eased as oil prices rose ahead of the Federal Reserve decision.
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
Spot gold was up about 1.3% to $4,346.30/oz around 1034 GMT as the dollar weakened and oil slipped; investors awaited the U.S. Federal Reserve’s upcoming interest-rate decision.
Spot gold gained 0.7% to $4,324.36/oz as the dollar weakened and oil slipped, ahead of the U.S. Federal Reserve’s upcoming interest-rate decision for further direction.
Spot gold was up 0.8% to $4,326.83/oz in early trading, with a rate hike largely priced in ahead of the U.S. Federal Reserve policy decision; oil prices eased.