Gold Traders Eye Fed Meeting as Tapering Is Central to Price Swings

TheStreet.com Videos 2:10 mins

Gold prices dip ahead of the Federal Reserve's policy-making statement, which is due Wednesday. Aurum Options Strategies Principal Tom Vitiello tells TheStreet's Joe Deaux swings this week in the gold market largely will depend on whether the Fed continues to scale back its economic stimulus program. Vitiello also says that despite the recent soft U.S. economic data, the decision by the Fed to continue tapering likely would offer more stability to markets.

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