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Gold prices are trading sideways as traders are looking forward to the US Fed meeting outcome scheduled tonight at 9.30pm.
Markets traded lackluster in a narrow range and ended almost unchanged citing caution ahead of the FOMC meet outcome.
Gold prices remained almost flat as investors turned cautious ahead of the US Federal Reserve's policy meeting where the central bank is expected to provide cues on when it will begin tapering its asset purchases.
Markets traded volatile in a range and finally settled around the day’s high, thanks to upbeat global cues.
Gold prices are witnessing a minor recovery attempt from six-week lows amid a retreat in the US Treasury yields while investors are awaiting guidance from the US FOMC meeting on September 21-22.
Market started the week on a feeble note and lost nearly a percent, pressurized by weak global cues.
Markets resumed the uptrend on the back of optimistic domestic sentiments after a pause last week.
Gold held on to its intraday gains as the US dollar witnessed some profit-taking and eroded a part of the previous day's strong gains.
Markets settled marginally lower as participants preferred to book some profits off the tables after the recent surge.
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