Urgent: Gold down on China interest rate cut
Xinhua, August 26, 2015 Adjust font size:
Gold futures went down on the COMEX division of the New York Mercantile Exchange Tuesday as China cut its banks' reserve requirement ratio (RRR) and lowered key interest rates, which helped to stabilize world equities.
The most active gold contract for December delivery fell 15.3 U.S. dollars, or 1.33 percent, to settle at 1,138.30 dollars per ounce. Endit