Market Pulse
Gold gains for a 4th straight session to settle at a more than 2-week high
Gold futures posted a modest gain on Tuesday to mark another settlement at their highest in over two weeks, a day ahead of the Federal Reserve's decision on interest rates. "A hawkish decision would be decidedly bearish for gold...while a dovish surprise would support a run beyond $2,000" for gold, said analysts at Sevens Report Research, in Tuesday's newsletter. December gold climbed by 30 cents, or less than 0.1%, to settle at $1,953.70 an ounce on Comex.
-Myra P. Saefong
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September 19, 2023 13:45 ET (17:45 GMT)
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