Gold prices dipped in early Asian session today, focusing on the upcoming meeting of the Federal Reserve on Wednesday, and the volatility of stock markets in China.
Gold for December delivery slipped 0.27% to $ 1,093.90 an ounce.
Silver for September delivery fell 0.48% to $ 14.535 per troy ounce.
Copper for September delivery rose 0.37% to $ 2.354 per pound.
Gold is not related to dividends or interest, is struggling to compete with the high yield of interest-earning assets in times of rising interest rates. Gold samples strong support on a weekly basis and headed to the psychological barrier of $ 1,000 per troy ounce.
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