Gold hits 2-week high as Fed meeting grabs attention

GOLD prices held near two-week highs on Tuesday, with the dollar losing its grip on recent six-month peak, heading into this week's central bank meetings that kick off with the U.S. Federal Reserve later in the day.

Spot gold was down 0.1% at $1,930.39 per ounce by 0638 GMT, but hovered near its highest since Sept. 5 hit earlier in the session. U.S. gold futures edged down 0.1% to $1,951.60.