Home Sectors CHEMICAL & PETRO-CHEMICAL Gold Sheds 0.2% to 1,269.11 Per Ounce

Gold Sheds 0.2% to 1,269.11 Per Ounce

Gold

Gold prices slipped on Wednesday, August 16,  as the dollar steadied, with investors awaiting minutes from the US Federal Reserve’s last meeting in July for clues on the pace of potential interest rate hikes.

Spot gold had slipped 0.2 per cent to $1,269.11 per ounce by 0712 GMT, following two sessions of falls.

US gold futures for December delivery were down about 0.4 per cent at $1,274.90 an ounce, Reuters reports.

 

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