Gold Steady Ahead of Fed Decision
Gold prices remained stable on Tuesday as investors awaited the Federal Reserve policy decision. Markets expect a quarter point rate hike, while Treasury yields hit five percent.
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Gold held steady at $4,302.13 per ounce on Tuesday morning after touching a more than one-month low. Investors are positioning themselves ahead of the central bank's policy decision. The precious metal remains under pressure as markets weigh shifting monetary policy expectations.
