Gold prices were stuck in a tight range on Wednesday as traders prepared for a key policy decision from the US Federal Reserve and remarks from Fed Chair Jerome Powell later in the day, which could shed more light on prospects of rate cuts this year.
Spot gold was steady at $2,158.29 per ounce. US gold futures edged 0.1 percent higher to $2,161.60.
With the US central bank expected to hold rates steady, traders are awaiting its economic and interest rate projections for the rest of the year.
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