Gold Down on Rising US Dollar

Posted By: Religare
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Gold futures closed lower in the international market on Wednesday as the U.S. dollar strengthened against currency rivals following the Federal Reserve's monetary policy statement.

Gold Down on Rising US Dollar

The central bank on Wednesday, after prices for metals futures settled for the session, kept interest rates unchanged, as expected, and signaled that it's still on track to raise rates at a gradual pace.

Read more about: gold, us dollar
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