Dollar weakness would continue to propel gold prices higher, especially if risk appetite deteriorates, but the overall risks suggest that it will be difficult to extend gains significantly further with the risk of a sharp correction lower. The Federal Reserve will announce its latest policy decision on Wednesday with no change in interest rates expected. There will be no update to the interest-rate forecasts at the meeting and Chair Yellen will not be holding a press conference. The main focus will, therefore, be on the statement, although the Fed is not likely to deviate far from recent rhetoric. The most important ... (full story)