Gold stuck in narrow range as investors focus on US Fed's meeting this week

By Eileen Soreng (Reuters) - Gold traded in a tight range on Tuesday, pinned below the $1,800 psychological level, as investors focused on this week's Federal Reserve meeting for clues about when the central bank might rein in its easy monetary policies. Spot gold was flat at $1,797.71 per ounce by 0324 GMT. U.S.

gold futures fell 0.1% to $1,797.70 per ounce. The dollar index held steady just below recent peaks. The greenback has been rising broadly for more than a month as markets are wary of the Fed starting to taper its.

This article is no longer available in our repository.

There could be multiple reasons for this.