After reaching an all-time high during In the previous session, gold fell on Wednesday. Investors have preferred to rake in their profits, while a firmer dollar weighed on Prices, in the run-up to the Reserve's monetary policy decision Federal American expected later today.

Around 09:05 GMT, spot gold lost 0.7% to $3,663.93 per ounce, after setting a record at $3,702.95 Tuesday.

American gold futures contracts for delivery in December were also down by 0.7% to $3,700.10.

“Times New Roman”; mso-bidi-font-family:arial; mso-fareast-language:en"> mso-fareast-font-family: “Times New Roman”; mso-bidi-font-family:arial; color:black; mso-color-alt:windowtext; mso-fareast-language:en">According to Rhona O'Connell, at StoneX, “to several Again, when gold came close to $3,700, it fell back, which could indicate that options sellers are defending this threshold.”

Elsewhere, cash fell by 2.2% at $41.59 per ounce, platinum lost 1.1% to $1,375.83, and palladium fell by 3% to $1,139.0/oz.