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Gold edges higher as markets await Fed’s expected rate cut
Gold prices inched higher on Tuesday ahead of the Fed's rate decision, with markets pricing an 89.4% chance of a 25-bp cut, according to CME FedWatch. Spot silver rose 0.7% to $58.55, near last week's record, while the US Dollar Index dipped to 99.05 as traders awaited Wednesday's FOMC outcome.
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