Gold up on Fed statement


By Xu JingUnreguser
  • World
  • Thursday, 17 Sep 2020

CHICAGO, Sept. 16 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as traders positioned themselves ahead of the U.S. Federal Reserve's statement due after the market's close.

The most active gold contract for December delivery rose 4.3 U.S. dollars, or 0.22 percent, to close at 1,970.5 dollars per ounce.

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