Gold gains with Fed rate decision in spotlight - Reuters
Gold gains with Fed rate decision in spotlight - Reuters
Source: Reuters
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DW NOTE
The Fed has held at 3.5-3.75% all year while inflation runs above target and oil trades at $106 — a 26% surge in a month. Gold is down 18.5% from its January high because the market priced in cuts that never came. Every Fed meeting since June has been in spotlight. None has delivered.