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Gold holds steady as investors await Fed policy cues
Gold prices held steady on Tuesday after touching a more than one-month low in the previous session, while investors geared up for the US Federal Reserve’s policy decision for clues on the future path of monetary policy. Spot gold was little changed at $4,300.96 per ounce, as of 0157 GMT, after hitting its lowest point since August 7 on Monday. US gold futures were down 0.3% at $4,341.10. The US central bank will announce its policy decision at 1800 GMT on Wednesday following the end of a two-day meeting. Financial markets are betting heavily that Fed policymakers will lift their benchmark rat...
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