Gold futures rose for sixth day Wednesday, but only barely, ahead of the Federal Reserve’s interest rate decision.
August gold was up 20 cents to settle at $1,288.30/oz.
Traders will be on their toes at this afternoon, as the Fed decision at 2 pm ET is followed by a press conference from Chair Janet Yellen.
The outlook on future interest rates is murky after mixed U.S. economic data in recent weeks.
The material has been provided by InstaForex Company – www.instaforex.com