Gold stayed supported on Wednesday, tracking a weak dollar overseas ahead of Fed Powells speech later in the global day that would be closely evaluated. The dollar index has fallen to 106.64 from a 20-year high of 114.78 on Sept. 28 as investors look toward the U.S. central bank reaching a peak rate early next year with inflation pressures expected to subside. COMEX gold is currently holding near a two-week high at $1766.90 an ounce, up 0.18% on the day. Powered by Commodity Insights
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