Gold prices retreated as equities gained and the markets awaited clues about monetary policy from the Fed, which began its two-day meeting.
Gold has been well-supported in recent sessions as ongoing political turmoil in the White House and weakness in the U.S. dollar spurred haven demand.
U.S consumer confidence jumped to a near 16-year high in July amid optimism over the labour market, while house prices maintained their upward trend in May.
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