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Urgent: Gold down ahead of Fed statement

Xinhua, June 18, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the U.S. Federal Reserve was expected to make a statement on interest rates after its Federal Open Market Committee meeting.

The most active gold contract for August delivery fell 4.1 U.S. dollars, or 0.35 percent, to settle at 1,176.8 dollars per ounce. Endite