Gold prices have edged lower on Wednesday, partially offsetting the gains from the previous two sessions, as investors await the U.S. Federal Reserve’s interest rate announcement while crude oil prices skyrocketed due to supply concerns following reports of possible U.S. attacks on Iran.
Front Month Comex Gold for December delivery has moved lower by $22.00 (or 0.54%) to $4,052.60 per troy ounce.
Front Month Comex Silver for December delivery has slumped by $0.828 (or 1.52%) to $53.685 per troy ounce.
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Market Analysis
Gold Slides As Markets Await Fed Decision Amid Rising Crude Oil Prices
2026-10-28 17:40:03
