Gold slips as investors turn their attention to the Fed
Gold waits for direction on whether expected cut is a one-off or the start of a cycle
31 July 2019 - 07:48
Bengaluru — Gold prices inched down on Wednesday as the dollar held firm, while investors waited on the outcome of the Federal Reserve’s meeting later in the day when policymakers are expected to cut interest rates.
Spot gold was down 0.2% at $1,427.92/oz as of 0417 GMT. US gold futures edged 0.1% lower to $1,440.50/oz...
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