WASHINGTON (dpa-AFX) - Gold futures edged lower Tuesday as rising stocks dented the safe haven value of the precious metal.
April gold fell $5.90, or 0.5%, to settle at $1,311.90/oz., this was the lowest since March 1.
Traders were looking ahead to Wednesday's Federal Reserve interest rate decision.
Analysts expect a quarter point rate hike, but much attention will be paid to so-called dot plot for clues about the pace of subsequent monetary policy tightening.
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