Gold Steadies as Investors Clear Decks for Fed, Trade Talks

Gold steadied as investors braced for a Federal Reserve policy decision, a raft of vital economic data, and outcomes from US trade negotiations.

Bullion traded in a narrow range Tuesday after losing ground in the previous session amid a rally in the dollar. While the deal announced Monday between the US and the European Union initially quelled worries of a trade war, the asymmetric nature of the agreements have dented expectations for economic growth outside the US.