Gold futures bounce around as Fed meeting comes in focus

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Gold futures bounce around as Fed meeting comes in focus
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Gold futures on Monday flip between gains and losses, and have been trading in a close range ahead of the U.S. Federal Reserve's gathering this week.

Gold prices traded slightly higher Monday, and have been moving in a tight range ahead of the U.S. Federal Reserve’s gathering this week, which could solidify bullish or bearish momentum for the precious metals complex.

February gold GCG22, -0.05% GC00, -0.05% traded $1.30, or less than 0.1%, higher at $1,786.10 an ounce on Comex, after the most-active contract booked gains of around 0.1% for the week on Friday.

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