Gold settles lower, but gets boost after Fed policy statement – MarketWatch


MarketWatch

Gold settles lower, but gets boost after Fed policy statement
MarketWatch
Ahead of the Fed news, August gold GCQ7, +0.71% fell $2.70, or 0.2%, to settle at $1,249.40 an ounce—the lowest finish since July 20, according to FactSet data. In electronic trading shortly after the Fed statement, prices inched up to $1,254.80 an ounce.
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