Gold prices steadied around $1,675 an ounce on Tuesday (September 20), hovering close to the lowest levels in over two years, as investors remained on the sidelines ahead of a key US Federal Reserve meeting where it is expected to deliver another outsized interest rate hike to tackle high inflation. Higher-than-expected inflation numbers and solid economic data in the US last week cemented expectations that the Fed will tighten further, and markets are currently priced for a third straight 75 basis point increase. To subscribe please click here