Gold fell Tuesday, pressured by gains in the dollar, after the Federal Reserve left interest rates unchanged, as expected, and reiterated that it stood ready to purchase debt instruments to facilitate lending. Gold for February delivery was down $1.90, or 0.2%, at $886.60 an ounce. Ahead of the decision, it was up 3.00 at $891.20 an ounce. The dollar also rose after the decision. The Fed specifically said it was prepared to buy U.S. Treasurys if it deemed it necessary.
