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News 2026-09-16 18:46 UTC

Gold Pares Gains After Fed

Gold prices pared early gains to trade little changed around $4,300 an ounce on Wednesday as traders digested the Fed’s latest monetary policy decision. The central bank raised the federal funds rate by 25bps, as expected, and signalled at least one more rate hike this year to curb persistently high inflation. Meanwhil