Bullion hovers near five-year lows ahead of FOMC statement

Note: This section contains information in English only.
Source: FXstreet
Gold stayed around its weakest levels since 2010, despite the cheaper US Dollar, as investors remain doubtful, awaiting the FOMC announcement due tomorrow. The yellow metal traded around $1095 per troy ounce by 06:20 AM GMT on Tuesday. Meanwhile, the Federal Open Market Committee statement will provide traders with more hints on possible Fed's rate hike, which could add more pressure on gold prices.

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