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Gold settles higher as U.S. stocks decline; metal holds gains after Fed minutes

Myra P. Saefong
Gold settles higher as U.S. stocks decline; metal holds gains after Fed minutes

Gold futures settle higher on Wednesday, a day after posting a nearly three-week low, with the metal finding modest support from weakness in U.S. stocks. Prices hold onto those gains in electronic trading after the release of the minutes from the Federal Reserve’s most recent meeting.