27-04-2016 10:15 via news.yahoo.com

Gold edges up ahead of Fed on softer dollar, weak U.S. data

By A. Ananthalakshmi SINGAPORE (Reuters) - Gold ticked higher for a third straight session on Wednesday on a softer dollar and weak U.S. economic data, but the metal traded in a tight range as investors waited for the Federal Reserve's policy decision later in the session. The dollar extended losses against a basket of major currencies as investors believed the weakness in the U.S. economy would prompt the Fed to be cautious about raising rates. The Fed is likely to keep rates steady later on We
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