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Gold Steady as Markets Brace For Fed Decision


Wednesday, 1 May 2019 10:03 WIB

GOLDEMAS


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Gold prices were little changed on Wednesday, having edged higher in the previous session on a weaker dollar, as investors await the US Federal Reserve's decision on interest rates later in the day.

Spot gold was nearly steady at US$1,282.01 per ounce as of 0107 GMT.

US gold futures were also little changed at US$1,284.30 an ounce.

The euro climbed to a one-week high against the US dollar on Tuesday after first-quarter economic growth figures in the euro zone beat market expectations, dispelling some pessimism over the economic bloc's common currency.

Source : Reuters


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