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Gold Edges Lower as Markets Await Fed Rate Decision

Gold prices edged lower on Wednesday, partially offsetting gains from the previous two sessions. Investors awaited the Federal Reserve's interest rate announcement; crude oil prices rose amid supply concerns following reports of possible U.S. attacks.

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WASHINGTON (dpa-AFX) - Gold prices have edged lower on Wednesday, partially offsetting the gains from the previous two sessions, as investors await the U.S. Federal Reserve's interest rate announcement while crude oil prices skyrocketed due to supply concerns following reports of possible U.S. atta…