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Gold steady ahead of US Fed meeting; trade worries persist

Updated : September 25, 2018 09:35 AM IST

Spot gold was barely changed at $1,198.80 by 0257 GMT. US gold futures were down 0.1 percent at $1,203.10 an ounce.
Investors await details from the two-day Federal Reserve meeting beginning on Tuesday, when the US central bank is expected to raise benchmark interest rates and shed light on the path for future rate hikes.
The months-long trade rift between Washington and Beijing drove investors to buy dollar instead of gold in the belief that the United States has less to lose from the dispute.
Gold steady ahead of US Fed meeting; trade worries persist

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