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Gold Closes Higher Ahead of Fed Statement

M. Ali 16 September, 2020 9:40 pm Commodities, Market Update

Gold prices rose on Wednesday, amid a fluctuating performance by the US Dollar (USD), which came mostly in the negative territory ahead of the release of the US Federal Reserve policy statement.

Gold futures for December delivery increased by $4.30, or 0.2%, and settled at $1,970.50 per ounce.

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