XAU fell slightly on the news

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Gold fell slightly ahead of the Federal Open Market Committee (FOMC) meeting minutes.
is trading lower on Wednesday after retreating from a record high set on Monday. Federal Reserve (Fed) officials warned that the central bank needs more convincing evidence that inflation is easing before it can start cutting interest rates.
Gold's decline may be limited due to escalating US-China trade tensions, geopolitical tensions in the Middle East and strong demand from central banks and Asian buyers
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