Gold Falls as Dollar Rises Ahead of Fed Decision

Gold prices fell as the US dollar strengthened and treasury yields rose. Investors awaited the Federal Reserve policy decision while monitoring inflation concerns and oil prices.

Xurve View
Insights:
Gold granulate is seen at a plant of gold refiner and bar manufacturer Valcambi SA in the southern Swiss town of Balerna December 20, 2012.

Gold fell 0.5% to $3,995.89 per ounce during Tuesday morning trading as the United States dollar strengthened.