Gold holds steady as traders focus on Fed

Gold holds steady as traders focus on Fed

Gold held steady on Wednesday after a sharp drop in the previous session, as investors looked for clues on the pace of tapering by the U.S. Federal Reserve at the end of a two-day policy meeting. Spot gold was up 0.1% to $1,772.12 per ounce by 0126 GMT. U.S. gold futures were unchanged at $1,771.60.

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