BusinessPhoto: TradingViewGold Near Three-Month Low Ahead of Fed Policy Meeting
Gold prices hovered near a three-month low on Monday as investors awaited the Federal Reserve's policy meeting for indications on US interest rates. Spot gold was down 0.2% at $1,987.45 per ounce by 0037 GMT, after hitting its lowest level since mid-March. Market participants are closely watching for clues on future monetary policy direction.
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