Gold steadies near $4,000 as Fed policy meeting begins; silver near 11-month low
FROM THE WIRE · THEHINDUBUSINESSLINE.COM
COMEX gold futures were trading around $4,030, down 0.20 per cent, on Tuesday as the Federal Reserve kicked off its two-day policy meeting, with investors awaiting guidance on the future rate path. COMEX silver fell harder, down 1.00 per cent to around $53.80, near its weakest…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe start of the two-day Fed policy meeting keeps investors waiting for guidance on the rate path, which affects precious metals.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01COMEX gold futures traded around $4,030, down 0.20%, on Tuesday.
- 02The Federal Reserve kicked off its two-day policy meeting on Tuesday.
- 03Silver fell 1.00% to around $53.80, near its weakest level in 11 months.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets