Gold ends modestly lower, then climbs in electronic trade after Fed policy statement

Gold costs posted a slight loss on Wednesday, giving again a portion of the features from a day earlier as U.S. benchmark inventory indexes moved increased. Costs then climbed in digital buying and selling after the Federal Reserve left its short-term fed funds fee unchanged as anticipated, however lower the speed it pays on extra financial institution reserves. In digital buying and selling, gold for June supply

GCM9, +zero.24%

was at $1,287.40 an oz. shortly after the choice. The contract had fallen by $1.50, or zero.1%, to settle at $1,284.20. an oz. on Comex, forward of the information.

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