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17.06.2015 06:43 Gold weakened ahead of the FOMC rate decision


Gold declined to $1,179.10 an ounce as traders await the Federal Open Market Committee benchmark rate decision as the two-day policy meeting ends.



Strength of the U.S. currency would hurt the dollar-denominated precious metal, making it more expensive for holders of other currencies. At the same time it would limit demand for safe-haven.



The ongoing uncertainty regarding future of Greece's debt and EU membership does not provide much support.




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