Comex Gold Rises Slightly As Fed Meeting Begins

The Wall street Journal reports that on Tuesday, investors continued to buy gold ahead of an expected Federal Reserve monetary-stimulus announcement.

The market news is quoted as saying:

Even though recently stronger economic data have led some to think the amount of stimulus will be less than previously expected, it still comes on top of previous Fed asset purchases and at a time of ultralow interest rates, all contributing to an atmosphere of easier monetary policy.

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