Gold prices slipped on Monday in Asia ahead of a Federal Reserve meeting that is expected to shed more light on the outlook for U.S. interest rate hikes this year.
Gold Futures were down 0.3% at $1,298.65 on the Comex division of the New York Mercantile Exchange by 11:39 PM ET (03:39 GMT).
The Fed is due to announce its latest monetary policy decision on Wednesday. The central bank is widely expected to keep monetary policy unchanged at the end of its two-day policy meeting and policymakers will also update their projections for future rate hikes.
Source : Investing.com