Gold down on US Fed hints

GMT 01:30 2015 Tuesday ,01 September

Arab Today, arab today Gold down on US Fed hints

Chicago - XINHUA

Gold futures fell on the COMEX division of the New York Mercantile Exchange Monday as the U.S. Federal Reserve hinted that the U.S. interest rate could be increased before the end of the year.

The most active gold contract for December delivery lost 1.5 U.S. dollars, or 0.13 percent, to settle at 1,132.50 dollars per ounce.

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