Gold rises above $4,050 ahead of Fed rate decision
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.
Original · FXStreet AI summary of public reporting
Why: Lower oil prices support gold rise
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At publication → CurrentGOLD4,064 → 4,042−0.5%