Fed Decision Looms Over Gold Prices

Gold prices remained stable on Tuesday after dipping to their lowest point in over a month. Investors were awaiting the Federal Reserve's policy decision for clues on future monetary policy. Spot gold was steady at $4,300.96 per ounce as of 0157 GMT.

The US central bank will announce its policy decision at 1800 GMT on Wednesday following a two-day meeting. Financial markets are expecting Fed policymakers to raise their benchmark rate by a quarter of a percentage point.