PRECIOUS-Gold slips as equities rally after Fed decision
Sept 22 Gold prices edged down on Thursday,
after rising more than 1.5 percent in the prior session, as
investors targeted riskier assets such as equities following the
Federal Reserve’s decision to keep U.S. interest rates
unchanged.
FUNDAMENTALS
* Spot gold was down 0.2 percent at $1,333.86 an
ounce by 0053 GMT.
* U.S. gold futures rose 0.5 percent to $1,338.40 an
ounce.
* The U.S. Federal Reserve left interest rates unchanged on
Wednesday but strongly signall
