Gold futures settled lower Tuesday, giving up most of their gains from a day earlier as investors awaited the outcome of the Federal Reserve’s two-day meeting on monetary policy.Gold for August delivery on Comex GCQ5, -0.09% fell $4.90, or 0.4%, to settle at $1,180.90 an ounce. Prices settled with a gain of 0.6% on Monday. July silver SIN5, -0.09% lost 11.8 cents, or 0.7%, to $15.965 an ounce after tacking on 1.6% a day earlier.
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