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Urgent: Gold down on U.S. Fed chair comments

Xinhua, February 11, 2016 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the U.S. Federal Reserve Chairwoman Janet Yellen eased investors' fears about the timing of the next interest rates.

The most active gold contract for April delivery lost 4 U.S. dollars, or 0.33 percent, to settle at 1,194.60 dollars per ounce. Endit