Gold draws strength from depreciating US Dollar ahead of Fed meeting

Note: This section contains information in English only.
Source: Forexpros
Gold futures inched up during Asian session on Tuesday, after breaking core support level of 1,700 US Dollars per ounce during the US trade. The yellow metal found support on lower greenback as investors are cautious before Fed meeting. COMEX gold for delivery in April traded at 1,701.65 US Dollars per troy ounce on the New York Mercantile Exchange, advancing 0.11%.

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