Gold trades lower in line with expectations

Source: WBP Online
© Reuters
The yellow metal traded weaker on the London Stock Exchange on Wednesday ahead of the FOMC meeting. Thus, gold dropped around 0.2%, trading at $1,227.5 per ounce by 9:00 GMT. Analyst from FxWirePro expected bullion to trade between $1,225 and $1,242 per troy ounce on Wednesday.
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