Gold eases as investors await US Fed meeting minutes
Gold is hovering around $1,500, with silver down 0.2%, platinum dropping 0.6% and palladium easing 0.2%
21 August 2019 - 14:30
Bengaluru — Gold prices eased on Wednesday to hover about the $1,500 level as investors turned cautious ahead of minutes from the US Federal Reserve’s last meeting, which is expected to shed more light on interest rate cuts.
Spot gold was down 0.4% at $1,500.80 an ounce as of 11.01am GMT, with analysts also attributing the dip to profit-booking following the metal’s recent strong run, which saw it gain more than $80 this month. US gold futures slipped 0.3% to $1,511.40...
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