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Gold falls to 10-mth lows on Fed rate hike bets – Reuters

| December 12, 2016 | Latest | No Comments


Reuters

Gold falls to 10-mth lows on Fed rate hike bets
Reuters
Gold prices touched their lowest in over 10 months on Monday, dragged down by expectations that a possible U.S. rate hike this week would curb demand for the safe-haven asset. Spot gold hit its lowest since Feb. 5 at $1,153.93 an ounce, before rising 0 …

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