Gold falls 0.7% as dollar rises
Gold prices declined by 0.7% ahead of the U.S. Federal Reserve's decision, with the ounce falling to around $4,045 amid a strengthening dollar. Markets are closely watching interest rate policies expected to impact the prices of the precious metal. Other precious metals also experienced declines, with silver dropping by 1.9% and platinum and palladium decreasing by approximately 1.6%. It is anticipated that the Federal Reserve's decision will determine the continuation of price trends in the coming period.
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