Commodities

Gold Futures Settle Higher As Dollar Retreats Ahead Of Fed Decision

Gold futures settled sharply higher on Tuesday as the dollar shed ground against some of its major counterparts as the Federal Reserve's monetary policy meeting got underway.

The Fed is widely expected to raise interest rates by 25 basis points. The accompanying statement and Fed Chair Jerome Powell's post meeting press conference will be in focus for more clues on the central bank's future interest rate moves.

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by RTTNews Staff Writer

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