Commodities

Gold Futures Settle Higher As Dollar Eases Ahead Of Fed Announcement

Gold prices climbed higher on Wednesday as the dollar shed ground against its major counterparts amid speculation the Federal Reserve might signal a pause in policy tightening sometime soon.

The Fed is widely expected to raise interest rates by 25 basis points today, but analysts expect a rate cut sometime later this year.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Commodities