|
Gold rises as dollar slips
Gold prices rose on Tuesday, as the US dollar slipped against most of its peers, amid anticipation of the Federal Reserve's decision.
The US current account reading showed a deficit of $190 billion in August, better than forecasts of -$193 billion.
The number of the US building permits was at 1.73 million in August, while the number of housing starts was at 1.62 million units, beating forecasts of 1.55 million.
The Fed will convene today to decide on monetary policy and provide clarity over the future of its moves, and will unveil its decisions tomorrow.
The dollar index fell against a basket of major currencies by less than 0.1% to 93.1 points as of 19:10 GMT, after hitting a high of 93.2 points and a low of 93.05 points.
Gold spot prices rose by 0.7% to $1,776.3 an ounce as of 19:10 GMT.
Oil pares some gains ahead of API's inventories data
Oil prices rose on Tuesday, as the US dollar held against most of major currencies, ahead of the US inventories data.
MoreUS stocks open higher with Fed's meeting in focus
US stock indices rose in early trading on Tuesday, while investors focus on the Federal Reserve's meeting.
MoreSilver consolidates above 10-month low
Silver prices rose on Tuesday, to head for the first gain in 5 days, within recovery from 10-month low, as concerns eased over the Chinese company Evergrande crises, while the US dollar rose against its peers ahead of the Federal Reserve's meeting.
More