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Urgent: Gold down as potential for U.S. interest rate hike priced in

Xinhua, July 21, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell Monday as the market continued to price in expectations for a future increase in the U. S. interest rate.

The most active gold contract for August delivery lost 25.1 U.S. dollars, or 2.22 percent, to settle at 1,106.80 dollars per ounce. Endite