Investing.com – Gold was up on Tuesday morning in Asia, as investors awaited a U.S. Federal Reserve meeting later today to tackle growing inflation and bond yields concerns.
However, continued optimism for faster economic recovery from COVID-19 put pressure on the yellow metal.
Gold futures edged up 0.20% at $1,732.70 by 12:44 AM ET (4:44 AM GMT). Asian shares were mostly up on Tuesday.