
Gold prices inched lower on Wednesday as investors awaited the result of a U.S. Federal Reserve policy meeting to assess how the central bank plans to combat rising inflation and ease worries about economic recovery. Spot gold fell 0.2% to $1,784.04 per ounce by 0138 GMT. U.S. gold futures dropped 0.2% to $1,785.30.
from Commodities-Markets-Economic Times
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