Gold slips to $4,000 as US dollar rises, traders eye Fed rate decision
Gold traded near $4,000 per ounce on Tuesday, October 27, pressured by a stronger US dollar and elevated Treasury yields ahead of a Federal Reserve policy meeting. The spot price of gold was last down 0.4% at about $4,000.52, while December futures dropped 0.6% to $4,014.40, Reuters reported.