Gold Prices Hold Steady Amid Fed Decision Uncertainty
Gold prices held steady at around $4,456 per ounce on Comex, down 0.10 percent from its previous close, due to the upcoming US Fed policy decision and escalating Middle East tensions.
The Federal Reserve's September rate decision is now a major focus for investors, with expectations shifting amid changing economic and geopolitical signals.
Crude prices crossed the $100-per-barrel mark on Wednesday, keeping the dollar elevated at $95.08 against the rupee, amid US-Iran tensions.