Report
Gold steadies near $4,000 after its biggest weekly drop since June
Bloomberg reports traders weighed stubbornly high energy prices ahead of the Federal Reserve’s next policy meeting.
TLDR
Bloomberg reports gold traded either side of $4,000 an ounce after falling more than 4% the previous week, its biggest weekly drop since June. Traders weighed high energy prices ahead of the Federal Reserve’s policy meeting, while oil edged back from a six-month high.
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