Gold Prices Tread Water Ahead of Federal Reserve Meeting – Wall Street Journal

LONDON–Gold prices were slightly lower on the London spot market Wednesday, moving between gains and losses as the market remained cautious over a potential rate rise in the U.S.

Spot gold was trading down 0.02% at $1,121.27 a troy ounce in morning European trade, hovering near two-week lows.

The next U.S. interest rate rise isn’t now…