Gold holds steady as market awaits Fed policy meeting

Gold held steady on Tuesday as market participants looked forward to a U.S. Federal Reserve meeting for cues on its monetary policy outlook, while a firmer dollar weighed on the metal’s appeal. While no major policy changes are expected from the Fed’s two-day policy meeting ending on Wednesday, investors will pay close attention to Chairman Jerome Powell’s outlook on the economy.

Share on

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.