Commodity Tips: Gold Inches Up As Dollar Eases Ahead Of Fed Decision

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Gold prices edged up on Wednesday after hitting a one-week low in the previous session, with the dollar falling against a basket of major rivals and traders awaiting the outcome of the U.S. Federal Reserve's two-day meeting.

 

Spot gold had risen 0.2 percent to $1,341.15 per ounce by 0359 GM. In the previous session, it touched its lowest since Jan. 23 at $1,334.10 an ounce.

 

U.S. gold futures for February delivery rose 0.4 percent to $1,339.80 per ounce.

 

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Comments

  1. Unknown1 February 2018 at 12:58

    The commodity market is one of the most profitable markets for investors/traders…..very helpful information, you can easily make good capital on this market.

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