Gold futures post back-to-back session losses
Gold futures settled lower for a second straight session on Tuesday. Prices were "treading water" ahead of the Federal Reserve's decision on interest rates due Wednesday, said Adrian Ash, director of research at BullionVault. For now, strength in the U.S. dollar ahead of the decision has weighed on dollar-denominated gold prices. August gold fell $1.40, or nearly 0.1%, to settle at $1,717.70 an ounce.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.