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Sept. 22, 2021, 2:09 p.m. EDT

Gold settles slightly higher, extends gains after Fed policy statement

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    Gold Dec 2021 (GCZ21)

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By Myra P. Saefong


Gold prices settled with a modest gain on Wednesday, then moved up further after Federal Reserve officials signaled that they're almost ready to taper their bond-buying and expect to raise interest rates by late 2022. December gold /zigman2/quotes/210039437/delayed GCZ21 -0.11% was at $1,785.80 an ounce in electronic trading, following a settlement at $1,778.80, up 60 cents, or 0.03%, for the session.

US : U.S.: Nymex
$ 1,783.00
-1.90 -0.11%
Volume: 31,292
Oct. 21, 2021 3:34a

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