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Gold Near 3-1/2 Week Low On Expectations Fed To Hike Rates Soon

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 24, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold resumed its drop for a fifth straight session on Tuesday, trading neat its lowest level in 3-1/2 weeks, amid growing expectations the Federal Reserve would hike interest rates as soon as possible. The precious metal hit a low of $1241.71 an ounce, while currently trading around $1242.76 from the[​IMG]

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