Gold was down on Thursday morning in Asia but staged a cautious recovery after the yellow metal recorded its biggest drop in five months during the previous session. Investors continue to digest the U.S. Federal Reserve’s latest policy decision that indicated interest rates could be raised sooner than expected.
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Gold was down on Tuesday morning in Asia, continuing its losses after falling to a near one-month low during the previous session. Investors now await a U.S. Federal Reserve policy decision for further clues on inflation and the central bank’s future monetary policy.
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