Gold price stability
Gold prices stabilized today, Tuesday, as dealers in the market looked to the US Federal Reserve meeting to obtain indications regarding the prospects for monetary policy, while the rise of the dollar pressured the attractiveness of the metal.
Gold settled in the spot market at $ 1780.61 an ounce by 0519 GMT.
There was little change in US gold futures at $ 1780.40 an ounce.
"We are starting to see a little bit higher for the dollar and bond yields as well," said Elia Spivak of DailyFX.
The dollar rose against competing currencies, which reduces the appeal of the metal to holders of other currencies, while US Treasury yields for ten years stabilized near the level of 1.570 percent.
The Federal Reserve is not expected to make any major policy changes during the two-day meeting that ends on Wednesday, but investors are closely following Chairman Jerome Powell's outlook on the country's economy.
Palladium fell 0.1 percent to $ 2,924.12 an ounce, after rising to an all-time high of $ 2,941 on Monday.
Silver fell 0.2 percent to $ 26.17 an ounce, and platinum fell 0.2 percent to $ 1240.71.
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