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The Economic Times

Global Business / The Economic Times

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Gold edges higher ahead of Fed policy decision

As anticipation builds for the Federal Reserve's interest rate decision today, gold prices have experienced a minor uptick, reaching $4,061.86 per ounce. Market participants are keenly awaiting the Fed's report alongside crucial Personal Consumption Expenditures data that influences inflation strategies. While high inflation forecasts loom, concerns about ongoing price pressure persist.

28 Oct 2026 7:32 am