Gold hits near 2-week high on softer dollar; focus on Fed meeting
Gold hits near 2-week high on softer dollar; focus on Fed meeting
Picture used for illustrative purpose. File
Gold hit a near two-week high on Tuesday as the dollar weakened and investors turned their focus to a US Federal Reserve monetary policy meeting, seeking details of how it planned to hold down rates while aiming to boost inflation.
Spot gold was up 0.4% at $1,963.22 per ounce by 0643 GMT, after hitting $1,968.80 earlier, its highest level since Sept. 2. US gold futures climbed 0.5% to $1,973.
"Gold looks firm
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