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Gold prices settle lower, then climb after Fed shifts away from ‘patient’ stance on rates

Myra P. Saefong
Gold prices settle lower, then climb after Fed shifts away from ‘patient’ stance on rates

Gold prices settle lower Wednesday, easing back from the previous day’s settlement at their highest in 14 months, but rise again after the Federal Reserve left key interest rates unchanged and shifted away from its “patient” stands on rates.