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Urgent: Gold down on U.S. rate hike expectations

Xinhua, November 12, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the expected December Fed rate hike continues to be priced into the market.

The most active gold contract for December delivery fell 3.6 U.S. dollars, or 0.33 percent, to settle at 1,084.90 dollars per ounce. Enditem