Gold edges higher on U.S. economic concerns as Fed verdict looms

May 2 (Reuters) - Gold ticked up on Tuesday on concerns surrounding the U.S. banking crisis and debt ceiling negotiations, while traders also braced for clues on the path of interest rates from the U.S. Federal Reserve's policy meeting.

Spot gold rose 0.2% to $1,986.53 per ounce by 1241 GMT while U.S. gold futures inched up 0.1% to $1,994.70...[LINK]