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Gold holds near 4,004 dollars an ounce ahead of the October 28 Fed decision as traders price a December increase, SA Gold Markets reports
- Gold holds near 4,004 dollars an ounce ahead of the October 28 Fed decision as traders price a December increase, SA Gold Markets reports — SA Gold Markets reported spot gold traded at about 4,004 dollars an ounce on Tuesday morning, down 0.3 percent on the day and about 4 percent in the week to October 23, as markets waited on the Federal Reserve decision. The report said markets expect the Fed to leave rates unchanged on Wednesday, while traders see about an 82 percent chance of another increase in December. (SA Gold Markets)
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