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News 2026-10-27 15:23 UTC

Gold Rebounds as Investors Await Fed Policy Decision

Gold prices erased early losses to rise above $4,050 an ounce on Tuesday, as falling oil prices eased inflation concerns ahead of the US Federal Reserve’s policy meeting. However, gains were capped by a stronger US dollar and elevated Treasury yields. Oil prices retreated from recent highs amid hopes of de-escalation i