Gold retreats in London ahead of Fed policy meeting

Note: This section contains information in English only.
Source: Bloomberg
Gold dropped in London as the Fed starts its meeting today and officials may come to agreement, when to start scaling back its monetary stimulus programme. The Yellow metal for immediate delivery slid 0.2% to $1,238.33 an ounce as of 10:16 a.m. London time, while bullion for February delivery retreated 0.6% to $1,237.60 in New York on low volume.

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