Gold prices fell on Tuesday as traders took to the sidelines ahead of a Federal Reserve policy meeting they hope will give greater clarity on the outlook for U.S. monetary policy. The Fed meets this week amid intense speculation that it may rein in its $85 billion-a-month bond-buying programme after firmer than expected economic data this year and a rally in stock markets. Platinum hurt by European car sales plunge in May.
1- Consumer Prices in U.S. Increased Less Than Forecast in May
2- Housing Starts in U.S. Rose in May to 914,000 Annual Rates
3- WTI Crude Trades near Four-Month High on U.S. Stockpiles
4- Gold Retreats a Second Day in New York Before Fed Policy Meeting
5- Copper Falls as Investors Await Signs of Fed Stance on Stimulus
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