Gold is on an even keel as focus turns to Fed meeting
Prices dropped in the previous week, pressured by dollar strength and robust US economic data
29 July 2019 - 08:16
Bengaluru — Gold prices steadied on Monday ahead of a US Federal Reserve meeting later in the week where markets will watch for indications of monetary easing in the world’s largest economy.
Spot gold was up 0.2% at $1,419.91 per ounce in early-morning trading. Prices had dropped about half a percent in the previous week, pressured by dollar strength and robust US economic data...
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