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Urgent: Gold ended lower despite weak U.S. data ahead of Fed's statement

Xinhua, October 28, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell slightly Tuesday as traders hedged their bets, despite weak U.S. economic data giving support to the precious metal ahead of the U.S. Federal Reserve statement.

The most active gold contract for December delivery lost 0.4 U.S. dollar, or 0.03 percent, to settle at 1,165.80 dollars per ounce. Endit