Gold
On Wednesday, Gold remained steady ahead of the Fed’s decision on key rates due later in the day. Spot Gold was trading up 41 cents at $1,488.11/ounce, whereas Comex Gold Futures were trading down 0.04% at $1,490.25/ounce.
Oil
On Wednesday, oil prices traded lower as an overall rise in inventories is expected for the week. Brent crude was down 51 cents, or 0.83%, at $61.08/bbl. West Texas Intermediate (WTI) crude was down 27 cents, or 0.49%, at $55.27/bbl.
Base Metals
On Wednesday, base metals were trading with a negative bias. On the London Metal Exchange (LME), Aluminium was down 0.13% at $1,749.75, whereas Copper was down 0.28% at $5907.50. Zinc was down 0.21% at $2,541.50, while Lead was down 0.69% at $2241.50.
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