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[Gold Prices Retreat Ahead of Fed Decision, Silver Prices Hover Near Historic Highs] On Wednesday, investors locked in profits ahead of the Federal Reserve's interest rate decision and Jerome Powell's press conference, causing gold prices to dip slightly, while silver, after hitting a historic high, fluctuated narrowly just below its peak. David Meger, director of metals trading at High Ridge Futures, stated that the market may be entering a 'pause after rate cuts' phase, but overall, gold prices remain in a sideways yet slightly upward trend. At this meeting, policymakers need to weigh the necessity of rate cuts to support the labor market against concerns that rate cuts could once again drive inflation higher.

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