Weaker Dollar Supports Gold Ahead
NEW YORK (Dow Jones)--Gold futures held near steady in the early part of Tuesday trading in anticipation of the Federal Reserve's interest-rate announcement, but the metal ended higher on a boost from a lower U.S. dollar.
December gold rose $6.20 to $842.70 an ounce on the Comex division of the New York Mercantile Exchange. Shortly after gold closed, the ICE Futures U.S. dollar index was down more than 0.9%.
Great outlook for the proven resources in SBS,
Weaker Dollar Supports Gold Ahead NEW YORK (Dow Jones)--Gold...
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