Gold Futures Settle Lower For The Session, Edge Higher After Fed Announces Policy WASHINGTON (dpa-AFX) - Gold prices edged lower on Wednesday and pushed the most active gold futures contracts to a weak close as rising Treasury yields weighed on the commodity. However, after settling lower for the session, gold futures edged up a bit after the Federal Reserve left its policy rates unchanged and said it is unlikely to hike rates till 2023. The dollar index, which was staying above the flat line since morning, fell after the Federal Reserve left rates unchanged and said a hike is unlikely till 2023. The dollar index was down 0.25% at 91.64 a little while ago.