PRECIOUS-Gold prices hold steady as investors wait for Fed minutes [Reuters]
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Source: Reuters
PRECIOUS-Gold prices hold steady as investors wait for Fed minutes | Reuters 3 Min Read BENGALURU, Oct 17 (Reuters) - Gold prices held steady on Wednesday despite a rise in equities, with investors waiting for minutes from the U.S. Federal Reserve’s latest policy meeting for any fresh clues on the pace of interest rate hikes. * Spot gold was up 0.1 percent at $1,224.70 an ounce at 0100 GMT. On Monday, it touched its highest since July 26 at $1,233.26 an ounce.. * U.S. gold futures were down 0.2 percent at $1,228.30 an ounce. * U.S. President Donald Trump heaped more criticism on the Fed in an interview with Fox Business Network on Tuesday, extending his discontent beyond its chairman, Jerome Powell, whom he has frequently critiqued in public. * Past U.S. presidents have been reticent to criticize the central bank because its independence is seen as important for economic stability. But Trump in the past week has called the Fed “crazy,” “loco,” “ridiculous,” and “too cute”. * Asian equ
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