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Gold consolidates above $4,300 as traders look to Fed rate decision for fresh impetus

Gold consolidates above $4,300 as traders look to Fed rate decision for fresh impetus

Source Summary

Gold (XAU/USD) struggles to capitalize on its weekly gains, though it holds above the $4,300 mark through the Asian session on Wednesday. The latest optimism over an interim US-Iran peace deal keeps the US Dollar (USD) on the defensive, which is seen supporting the bullion.

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