Gold slips, investors stay away before Fed outcome

Reuters reports On Wednesday, Gold inched down despite a weaker dollar as investors stayed on the sidelines before an expected U.S. Federal Reserve decision.

The market news is quoted as saying:

The outcome of the Fed meeting would be bullish for assets such as gold if the central bank commits to buying at least $500 billion in Treasuries over five months, as per expectations, but dealers are not ruling out surprises.

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