Gold prices were little changed Tuesday morning, staying near recent 3-month lows on expecations the Federal Reserve will hike interest rates.
Traders will be paying close attention this afternoon when noted dove Chicago Federal Reserve Bank President Charles Evans speaks on a panel at 2:30 pm ET.
If Evans hints that a rate hike is imminent, gold prices should fall further.
Gold for December was up 3 dollars at $1091 an ounce.
On the economic front, the Labor Department is due to release its report on export and import prices at 8:30 am ET.
The material has been provided by InstaForex Company – www.instaforex.com