Gold Prices Edge Lower, Bearish Sentiment Prevails

LONDON–Gold prices were slightly lower on the London spot market Thursday, as investors remained cautious ahead of a possible rise in U.S. interest rates next week.

Spot gold was trading down 0.11% at $1,071.20 a troy ounce in morning European trading, sticking to a narrow range.

The Federal Open Market Committee will hold its last meeting of the year for two-days from next Tuesday, and the market is anticipating the central bank to raise rates… Read Full Article

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