Gold closes higher ahead of Fed's interest rate decision

Gold prices rose today, as the dollar US fell against most major currencies, amid broad anticipation for the US Fed interest rate decision.

Markets are waiting for any updates on the US-China trade talks, amid conflicting news about the signing of the trade deal and the next US tariffs hike against China.

The US Federal Reserve will unveil its interest rate decision on Wednesday, with most forecasts are for holding the rates unchanged within the bank's assessment of the three cuts that were delivered during this year.

Otherwise, the dollar index fell against a basket of major currencies by 0.2% to 97.4 points as of 19:50 GMT, and hit an intraday high of 97.6 a low of 97.4.

Gold futures (February delivery) rose by 0.2% to close at $1,468.10 an ounce, with a high of $1,473.7 and a low of $1,464.2.