Bullion steady amid uncertainty over timing of Fed's rate hike

Note: This section contains information in English only.
Source: FXstreet
Gold prices are treading water on Tuesday after a four-losing streak, despite the weakening US Dollar. The yellow metal is still hovering near a two-week low, as it struggled to find a direction amid doubts over a looming US interest rate rising. Bullion ticked up 0.10% to $1,119.20 per troy ounce by 08:20 AM GMT. Meanwhile, prospects of the rate hike in the US put more pressure on gold prices, as the Fed meeting on September 16-17 is approaching.

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