Gold trades near 5-month high amid Fed interest rates

Source: Bloomberg
© Scanpix/FP
Gold traded almost the same near the highest level in five months, since investors are weighting the outlook for US interest rates before the Fed's two-day meeting. The yellow metal for April settlement was at $1,291.20 an ounce as of 7:46 New York time on the Comex, after touching $1,307.80 on January 22, the strongest since August.
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