Tag: gold ticks

  • Gold ticks higher as markets brace for Fed decision

    Gold ticks higher as markets brace for Fed decision

    July 29 : Gold prices edged up on Wednesday, supported by some technical buying, as investors hunkered down for the Federal Reserve’s interest rate decision later today.Spot gold gained 0.22 per cent to $4,036.09 per ounce by 0908 GMT , while U.S gold futures for August delivery were steady at $4,037.3.

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  • Gold ticks up ahead of Fed rate decision

    Gold ticks up ahead of Fed rate decision

    July 29 : Gold edged higher on Wednesday, supported by a weaker dollar, as investors awaited the U.S. Federal Reserve’s policy decision and comments from Fed Chairman Kevin Warsh for clues on the inflation and interest rate outlook.Spot gold inched 0.3 per cent higher to $4,040.63 per ounce by 0656 GMT. U.S.

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