Gold could not pull back from its negative territory today as many investors preferred to wait watching out critically for what would e the result of the US Federal Open Market Committeeâ€™s (FOMC) two-day meeting beginning on Tuesday. The spot gold price was of late quoted at $1,158.65/1,159.05 per oz, this is a drop of $4.20 from where it closed yesterday. Trade has been in a range of $1,165 to $1,158.25.05 so far. In the other precious metals, the spot silver price was unchanged at $16.990/17.010 per oz. Platinum at $924/929 per oz had dropped by a margin of $5 and palladium at $723/729 per oz edged $3 higher. Most recently, the U.S. dollar index was last down 0.06 percent at 100.970.