Gold Prices Rise Ahead of Federal Reserve Meeting

Apr. 25, 2016 09:32AM PST

Gold prices were on the rise on Monday ahead of a Federal Reserve meeting this week, MarketWatch reported. As quoted in the publication: Gold futures rose Monday as sellers paused the heavy selling that drove prices sharply lower at the end of last week, with traders looking ahead to interest-rate policy meetings that could set …

Gold prices were on the rise on Monday ahead of a Federal Reserve meeting this week, MarketWatch reported.
As quoted in the publication:

Gold futures rose Monday as sellers paused the heavy selling that drove prices sharply lower at the end of last week, with traders looking ahead to interest-rate policy meetings that could set the near-term course for dollar/yen trading and precious metals.
Gold for June delivery advanced $12.60, or 1%, to $1,242.60 an ounce. The SPDR Gold Trust rose 0.6%.

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