Daily Market Updates: Gold rises above $4,050 ahead of Fed rate decision

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Gold rises above $4,050 ahead of Fed rate decision

Reported · Written up by our desk · Major Pairs

Gold price (XAU/USD) jumps to around $4,065 during the early Asian session on Wednesday, bolstered by lower oil prices. Traders await the Federal Reserve's (Fed) policy meeting later on Wednesday for signals on ‌the future path of US interest rates.

Latest closeGold $4,079.60 ▲1.0%

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FXStreetGold rises above $4,050 ahead of Fed rate decision

Forex

Gold rises above $4,050 ahead of Fed rate decision

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