MCX Gold slid to a three -week low on Wednesday before recovering on bargain hunting , but the precious metal lost its safe-haven appeal for investors in hopes a U.S. A military strike against Syria could be averted .Syria has accepted a Russian proposal to give up chemical weapons , but U.S. President Barack Obama said it was too early to say whether the initiative would have success , vowed to keep troops at the ready to strike if diplomacy fails .
Gold , which has fallen more than 18 percent this year , will decide to rejuvenate also by the expectations the U.S. The central bank will hurt its monetary policy stimulus program after the Fedís Open Market meeting on September 17 to 18 .
Spot gold hit a low of $ 1,356.85 an ounce, its weakest since August 22, and was stable at $ 1,364.01 by 0343 GMT . The Fedís quantitative easing three systems have the prices of gold and other raw materials boost.
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