Bullion holds position on monetary stalemate

21.05.2024

Gold held steady on Tuesday as investors stayed on the sidelines ahead of the U.S. Federal Reserve policy meeting this week, which could offer further clues on the timing of likely interest rate cuts this year.

Spot gold was up 0.1% at $2,161.79 per ounce, as of 0237 GMT. U.S. gold...