Gold prices inched up on Friday but were still near six-week lows it hit in the previous session after the conclusion of the Federal Reserve’s meeting earlier in the week.
Gold futures for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.01% to $1,187.50 a troy ounce by 2:10AM ET (06:10 GMT).On Wednesday, the Fed increased the overnight funds rate to a range of 2.00% to 2.25%.
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