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Tanvi Awasthi
Gold prices were lower on Wednesday as investors awaited the minutes of the Federal Reserve’s September policy meeting later in the day, which was expected to reinforce expectations for a December rate hike. Oil prices rose for a third day on Wednesday on signs that markets are gradually tightening after years of oversupply, though the outlook for 2018 remained less certain. The underlying trends in the base metals are upward but those metals in or near high ground seem to be having to absorb selling which is capping the upside, while copper and nickel prices that are still some way below the highs.