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Gold Flat on Caution ahead of Fed’s Rate Decision

Gold prices were flat on Wednesday as cautious traders awaited the US Federal Reserves interest rate decision at its policy meeting next week, although a softer dollar kept the bullion supported.

Spot gold was little changed at $1,963.83 per ounce. US gold futures were listless at $1,980.20.

The dollar index eased slightly, making gold less expensive for overseas buyers.

Spot silver rose 0.1% to $23.6131 per ounce, platinum added 0.3% to $1,034.55, and palladium gained 0.4% to $1,419.07.

Source: Qatar News Agency

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