Gold Up, Makes Small Moves Ahead of Fed Meeting

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.

Sprott Gold Bar by Sprott Money is licensed under CC BY 2.0

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