Gold settled with a loss on Monday, giving up earlier modest gains as traders looked ahead to the outcome of the Federal Reserve’s meeting.
Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement – September 26, 2018
Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have grown strongly.