Gold prices steady with investor focus on Fed meet

September 20, 2022

Even though the dollar index dipped 0.3%, it wasn’t far from a 20-year high. Stronger greenback makes bullion more expensive for other currency holders. * The benchmark 10-year Treasury yield held close to its highest level in over a decade scaled on Monday. Holdings of SPDR Gold Trust , the world’s largest gold-backed exchange-traded fund, fell 0.30% to 957.95 tonnes on Monday from 960.85 tonnes on Friday.

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