Gold futures ended lower Wednesday ahead of an eagerly awaited policy statement from the Federal Reserve.But the metal jumped higher in electronic trading after the Fed’s policy statement was released at 2 p.m. Eastern Time—half an hour after metals settled for the day.
February gold GCG6, +0.36% finished $4.40, or 0.4%, lower at $1,115.80 an ounce on Comex, while April gold GCJ6, +0.36% which is also among the most active contracts, ended $1,116.30, down $4.30, or 0.4%.
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