Gold edges down as Federal Reserve interest rate view strengthens dollar
The Fed`s statement on Thursday overall reflected little change in its outlook for the economy since its last policy meeting in September. Inflation remained near its 2 percent target, unemployment fell, and risks to the economic outlook were still felt to be "roughly balanced."
U.S. gold futures was down 0.2 percent to $1,223 per ounce, Image source: IANS