Gold Stands Steady in Advance of Fed Meeting News

Reuters reported that gold held its ground on Tuesday, as investors watch and wait the outcome of a Federal Reserve meeting, to take place later on Tuesday.

As quoted in the market report:

Spot gold had edged up 0.05 percent to $1,327.61 an ounce by 0007 GMT. It fell 0.5 percent on Monday as investors took profits after three weeks of gains.

To view the whole Reuters report, click here.