• Gold falls as the dollar firms, ahead of FOMC meeting

    5 monthes ago - By ETF Daily News

    From CNBC : Gold eased to a one-week low on Thursday, as a recovery in the dollar and improved appetite for riskier assets ahead of the U.S. Federal Reserve's policy statement, pushed investors away from bullion.
    Spot gold fell 0.10 percent to $1,224.51 per ounce, after touching its lowest since Nov. 1 at $1,219.59 earlier in the session.
    U.S. gold futures for December delivery fell 0.25 percent to $1,225.60 per ounce.
    “Gold is unquestionably dollar-watching, and by extension looking at the rates,” said Ross Norman, chief executive officer of Sharps Pixley.
    “The market is drifting a little...
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