Gold flat as dollar firms, investors seek more Fed cues

 

WORLD CAPITALS / WAM

Gold prices were flat in range-bound trade on Wednesday as the dollar ticked higher, with cautious investors awaiting more cues on the US Federal Reserve’s monetary policy direction, Reuters said. Spot gold was steady at $2,179.33 per ounce, as of 0747 GMT. Also, US gold futures were little changed at $2,178.50. Spot silver was flat at $24.44 per ounce, platinum gained 0.2% to $905.05 and palladium fell 0.5% to $988.81.

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