Gold Prices Edge Lower as Investors Await Fed Decision; Silver and Platinum Slip
NEW YORK: Gold prices edged lower on Wednesday after rising by around 1% in the previous session, as higher oil prices fuelled inflation concerns and investors awaited the US Federal Reserve’s monetary policy decision for clues about the future direction of interest rates. Spot gold fell 0.3% to $4,045.29 per ounce as of 0347 GMT on Wednesday. Meanwhile, US gold futures for December delivery declined 0.4% to $4,059.00 per ounce....
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