Investing.com – Gold was up on Tuesday morning in Asia, as investors awaited a U.S. Federal Reserve meeting later today to tackle growing inflation and bond yields concerns.
However, continued optimism for faster economic recovery from COVID-19 put pressure on the yellow metal.
Gold futures edged up 0.20% at $1,732.70 by 12:44 AM ET (4:44 AM GMT). Asian shares were mostly up on Tuesday.
Gold Up, Makes Small Moves Ahead of Fed Meeting
Sprott Gold Bar by Sprott Money is licensed under CC BY 2.0
Sprott Gold Bar by Sprott Money is licensed under CC BY 2.0