Gold Retreats on Stronger Dollar, US Rate Expectations – Wall Street Journal

Gold prices fell on Tuesday as the dollar strengthened against other currencies ahead of the Federal Reserve’s decision on U.S. interest rates.

The most actively traded gold futures contract, for December delivery, fell $5.10, or 0.5%, to settle at $1,102.60 a troy ounce on the Comex division of the New York Mercantile Exchange.

A stronger dollar, which advanced against other foreign currencies, also weighed on gold prices….