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Gold Trades Near Three-Month Low On Fed Rate Hike Expectations

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 9, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Precious-Gold traded near its lowest level in three months on Monday as the dollar hit a seven-month high on mounting speculations the Fed would hike interest rates next month. Last week, the non-farm payrolls, which is mainly used as a guide by the Fed before making any change in monetary[​IMG]

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