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Urgent: Gold futures extend losses on firmer U.S. dollar

Xinhua, September 23, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange extended losses on Tuesday as a new round of expectations that Fed will raise interest rates lifted the U.S. dollar.

The most active gold contract for December delivery fell 8.00 U.S. dollars, or 0.71 percent, to settle at 1,124.80 dollars per ounce. Endit