Late Market Roundup

Gold futures declined, one day after closing at a record high level as investors were cautious ahead of the Federal Reserve's decision on the monetary policy. Gold for December delivery lost about 0.42%. Kitco Metals analyst Jon Nadler said, “Not much here that can be labeled as anything resembling profit-taking or correction. Indian gold shoppers remained sidelined for yet another day, as near-record price tags offered nothing in the way of incentives to lure them out to local dealers during the present festival period.”

The US dollar fell against the euro along with other currencies as traders awaited the Fed's monetary-policy decision. The euro rose due to strong demand for Ireland's debt auction. The dollar index (DXY) lost about 0.37%. The euro gained about 0.4746% against the US dollar.

Shares of Imax Corp (NASDAQ: IMAX) gained more than 5% after the company signed its biggest deal ever in Asia with a subsidiary of South Korea's CJ CGV Co. IMAX will be installing 15 Imax systems in China under the deal. Kim Joo Hyung, CEO of CJ CGV, said, “We have been successful with our current Imax theatres in Korea, and with Imax's impressive film slate, which is targeted to include mainstream Chinese films, we are pleased to expand our Imax footprint.”

Canadian stocks moved down, with a 1.2% decline in materials shares. The S&P/TSX Composite Index fell 0.5% to 12,179.3. The information technology sector displayed some good results, driven by shares of Research in Motion Limited (NASDAQ: RIMM).

Read more from Benzinga's Markets.