Gold Remains Narrow Ranged Before Fed Meeting

Precious-Gold continued to move trade within narrow range, near its lowest level in a month, as the Federal Reserve begin their tow-day meeting on Wednesday. The yellow metal hit a low of $1103.87 an ounce, while it currently trading at $1107.95, after opening at $1104.94. Amid the uncertainty about the Fed’s rate hike, many investors opted to get out of any trading positions until knowing the outcome of the Fed’s meeting.

from Energy and Metal Commentaries http://ift.tt/1MaYjag