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#XAI.智能策略库 Urgent: Gold is awaiting the Federal decision.. Will the central bank’s tone and wording set the direction for the yellow metal?

Gold held steady during trading today, Tuesday, after it hit the lowest level in more than a month in the previous session, as investors look ahead to the U.S. Federal Reserve’s decision on monetary policy, seeking signs that indicate the future path of interest rates.

Spot gold was little changed at $4,302.13 per ounce by 05:10 GMT, after it recorded its lowest level since August 7 on Monday.

Meanwhile, U.S. gold futures fell 0.2% to $4,341.70 per ounce.

The Federal Reserve is scheduled to announce its monetary policy decision at 18:00 GMT on Wednesday, following the end of a two-day meeting. Market bets show strong expectations that central bank officials will raise the benchmark interest rate by 25 basis points to a range between 3.75% and 4.00%.