Bengaluru : Gold prices inched up on Wednesday as the dollar crept lower, while investors awaited the conclusion of U.S. Federal Reserve´s two-day meet for clues on faster monetary tightening, expecting the first rate increase of the year later in the day.
Spot gold was up 0.1 percent at $1,311.72 per ounce, as of 0118 GMT.
Prices hit a nearly three-week low in the previous session at $1,306.91. U.S. gold futures for April delivery was flat at $1,311.60 per ounce.
The dollar index against a basket of currencies was down 0.1 percent at 90.305 after climbing to 90.445 on Tuesday, its highest in almost three weeks.
U.S. lawmakers neared agreement on Tuesday on a massive government spending bill that Congress hopes to pass by Friday, as congressional leaders worked to narrow their differences on thorny issues such as President Donald Trump´s border wall.
In this picture, the PCJCCI logo can be seen on September 1, 2022. — Facebook/Pakistan China Joint Chamber of...
A representational image of a US flag pictured alongside a street sign reading "Wall Street" in the New York city. —...
A security guard sits in front of a wall with signs and slogans at the operation building at the Pakistan Steel Mills ...
A worker cleans the entrance to the headquarters of Bank Indonesia, the nation's central bank, in Jakarta, Indonesia....
The MCB's logo is seen on a wall outside the bank's head office. — MCB websiteKARACHI: MCB Bank Limited on...
A foreign currency dealer counts US dollars at a shop in Karachi. — AFP/FileKARACHI: The rupee lost ground against...