Gold rises ahead of FOMC announcement


By Xu JingUnreguser

CHICAGO, Nov. 2 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as investors waited for the release of the Federal Open Market Committee (FOMC) announcement.

The most active gold contract for December delivery rose 0.3 U.S. dollars, or 0.02 percent, to close at 1,650 dollars per ounce.

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