Gold prices barely moved in Asia on Tuesday with attention on the Federal Reserve and demand prospects for the precious metal as it moves to normalize monetary policy.
Gold futures for August delivery on the Comex division of the New York Mercantile Exchange dipped 0.01% to $1,268.82 a troy ounce.
Overnight, gold prices were mostly unchanged on Monday, as investors awaited an upcoming Federal Reserve (Fed) interest rate decision and press conference from Fed chair Janet Yellen to gauge whether the Federal Reserve will continue on its monetary tightening path.
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