15 Hrs
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المشهد العربي
Gold declines ahead of Fed rate decisions
The gold price declined ahead of the upcoming meeting of the U.S. Federal Reserve to discuss monetary policy, amid expectations of a rate hike of up to 93%. The dollar index also rose by 0.25%, while gold futures fell by 0.30% and the spot gold price decreased by 0.41%. The Bank of Japan is expected to consider raising interest rates by the end of the week, amid rising energy prices and ongoing tensions in the Middle East.
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