Gold hits 1-week low as yields rise ahead of Fed statement

Gold prices slipped to a one-week low on Wednesday as U.S. Treasury yields firmed up ahead of a Federal Reserve policy statement later in the day. Spot gold was down 0.5% at $1,767.66 per ounce by 0625 GMT, having fallen to its lowest since April 20 at $1,765.70 earlier in the day. U.S. gold futures […]
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