Gold prices remained in a narrow range Tuesday morning, with last week’s Federal Reserve statement doing little to clarify the outlook on interest rates.
Markets are in limbo after the Fed said it was on track to raise rates this year, all the while complaining about the health of the global economy.
Atlanta Federal Reserve Bank President Dennis Lockhart is due to speak in Montgomery, Alabama at 7 pm ET.
U.S. gold for December was down 5 dollars at $1128 an ounce, trimming modest gains from the past few sessions.
A stronger dollar is putting a lid on commodities prices.
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