Gold futures posted a modest gain on Tuesday to mark another settlement at their highest in over two weeks, a day ahead of the Federal Reserve’s decision on interest rates. “A hawkish decision would be decidedly bearish for gold…while a dovish surprise would support a run beyond $2,000” for gold, said analysts at Sevens Report Research, in Tuesday’s newsletter. December gold GCZ23 climbed by 30 cents, or less than 0.1%, to settle at $1,953.70 an ounce on Comex.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Read Full Story
Latest posts by Market Watch (see all)
- Nike stock rises as profit beats estimates and inventories fall - September 28, 2023
- : Tesla sued for racial discrimination, retaliation by EEOC - September 28, 2023
- : U.S. stocks book back-to-back gains as Treasury yields retreat - September 28, 2023