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Gold declines at Wednesday's close

Gold declines at Wednesday's close
Gold futures reached the level of $1,283 per ounce

Mubasher: Gold prices declined by the end of Wednesday’s trade, amid a mixed performance by the US dollar, as investors await the report of the Federal Reserve.

Gold futures went down by 0.3% to the level of $1,283 per ounce, its lowest level since 6 October.

It is worth noting that gold registered losses of around $22 in the last three session, due to the uncertainty regarding interest levels in the United States, and the recent gains made by the dollar.