Gold Holds Tight Range as Traders Focus on Fed Decision
London, February 01 (QNA) – Gold traded in a narrow price range on Wednesday, as investors refrained from taking big bets ahead of the US Federal Reserve’s policy decision due later in the day.
Spot gold was down 0.1% at $1,925.09 per ounce. US gold futures fell 0.3% to $1,940.50.
Among other precious metals, spot silver lost 0.4% to $23.61 per ounce, platinum dropped 0.3% to $1,008.62 and palladium inched 0.1% lower to $1,647.17. (QNA)