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Gold prices Soar As Federal ‘s Decision On Interest Rates Awaited

Dubai – (Massader News)

Gold prices rose on Wednesday, and December delivery of metal futures rose by 0.5% to $ 1277.3 an ounce, ahead of the Federal Reserve’s decision on interest rates, according to a report published by Mubasher.

Investors are awaiting a Fed meeting on US interest rates, with expectations that they will remain unchanged.

US President Donald Trump is due to announce the name of the new Federal Reserve Chairman Thursday, according to Mubasher.

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