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Urgent: Gold down ahead of Fed meeting

Xinhua, December 15, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday as investors expected that the Wednesday meeting of the U.S. Federal Reserve will announce its decision on the interest rate.

The most active gold contract for February delivery fell 12.3 U.S. dollars, or 1.14 percent, to settle at 1,063.40 dollars per ounce. Endit