Gold prices post first gain in 4 sessions, move lower after Fed update

Gold prices post first gain in 4 sessions, move lower after Fed update
·4 min read

Gold futures rise on Wednesday to snap a three-session slump, then move lower after the the Federal Open Market Committee increased its inflation forecasts for this year and next, and signaled higher interest rates in 2023.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting