Bullionguru’s,”Gold prices down in Asia on cautious trade as Fed views awaited”

© Reuters. Gold dips in Asia

Gold futures dipped in Asia on Wednesday with sentiment on edge ahead of the latest review of interest rates by the Fed.

Comex gold futures fell 0.36% to $1,247.64 a troy ounce.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose by 0.11% to 93.92.


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