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Urgent: Gold down as U.S. stocks, dollar rebound ahead of Fed statement

Xinhua, January 29, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as investors jumped back into equities ahead of the key Federal Reserve statement later in the day.

The most active gold contract for February delivery lost 5.8 U. S. dollars, or 0.45 percent, to settle at 1,285.90 dollars per ounce. Endite