Gold rises over 1 percent as oil and yields slip
Gold prices rose more than 1 percent as oil and Treasury yields retreated. Investors awaited the Federal Reserve interest-rate decision and remarks from Chair Kevin Warsh.
Xurve View
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Xurve View
Gold rose 1.4% to $4,350.48 per ounce on Wednesday morning as energy prices and Treasury yields declined. The move follows a touch of a more than one-month low for the precious metal earlier in the week. Investors are positioning themselves ahead of the Federal Reserve policy decision.
