Gold steady above $1,710/oz ahead of Fed meeting
Gold held steady above $1,710 an ounce on Tuesday ahead of a U.S. Federal Reserve meeting where policy makers are expected to announce more stimulus measures, seen to support gold's appeal as a hedge against inflation.
FUNDAMENTALS
* Spot gold was little changed at $1,710.70 an ounce by 0030 GMT, after rising to a one-week high of $1,717.20 in the previous session.
* U.S. gold traded nearly flat at $1,713.
* Many economists think the U.S. central bank will announce monthly bond purchases of $45 billion after its policy gathering on December 11-12, signalling it will continue to pump money into the U.S. economy during 2013 in a bid to bring down unemployment.
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