Gold weakens ahead of Fed decision

US stocks rose overnight after Treasury secretary Janet Yellen moved to reassure investors about the stability of the banking sector.

Gold weakens ahead of Fed decision Gold weakens ahead of Fed decision Gold weakens ahead of Fed decision Gold weakens ahead of Fed decision Gold weakens ahead of Fed decision

According to Bloomberg, Yellen said the US government would intervene in the banking sector again, if necessary.

The S&P 500 rose by 1.3%, while ASX futures were up 62 points.

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