2
November
Gold rises ahead of Fed, but off two-week high
2 November 2010 Reuters
Gold ticked up on Tuesday after a drop from a two-week high spurred bargain hunting, but investors were reluctant to make big bets ahead of the U.S. Federal Reserve's policy meeting, which could determine the fate of the dollar.
The Fed is expected to commit to buying between $250 billion and $2 trillion in Treasury debt over coming months to spur a flagging economy when it announces a second round of monetary easing on Wednesday.
