Gold Hovers near Record High ahead of Fed Rate Verdict
Singapore, 17 Sep (ONA) —- Gold prices hovered near a record
high today, ahead of the anticipated start of the US interest
rate reduction cycle, which could see policymakers deliver an
outsized cut.
Spot gold was steady at $2,581.68 per ounce. Bullion rose to a
record high of $2,589.59 yesterday (Monday).
US gold futures were also steady at $2,608.60.
The dollar was down 0.1%, making gold ...