(Bloomberg) -- Gold may advance in London on buying by investment funds caught off guard by a rally spurred by declines in the dollar and increased demand for commodities.
Gold had dropped $3.20, or 0.5 percent, the past two days as funds bought the dollar before today's Federal Reserve meeting to decide on interest rates. Gold climbed after the Fed's previous meetings in January and March as investment funds had to buy back gold they sold earlier.
Read more at Bloomberg Commodities News
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