Gold Lingers Near Record as Dollar, Yields Firm Ahead of Fed Verdict

GOLD - NEW YORK. Gold eased slightly on Tuesday after climbing to an all-time high in the previous session as dollar and Treasury yields edged higher, while traders positioned themselves for a potential U.S. interest rate cut decision by the Federal Reserve this week.

Spot gold fell 0.3% to $2,573.99 per ounce by 11:12 a.m. ET (1512 GMT) after scaling an all-time high of $2,589.59 on Monday. U.S. gold futures eased 0.3% at $2,600.90.