Gold remained below $4,300 an ounce on Wednesday, near its lowest level in almost six weeks, as investors awaited the latest Federal Reserve policy decision. The central bank is widely expected to raise interest rates by 25 basis points, or 0.25 percentage point, marking its first increase in around three years as policymakers respond to inflationary pressure. Markets will focus on whether officials signal another increase in October or December. Gold also faced pressure from rising energy costs, widening Middle East supply disruptions and higher bond yields, with the 10-year US Treasury yield reaching its highest level since 2007. The Bank of Japan is expected to raise borrowing costs this week, while the Bank of England is likely to leave policy unchanged.