10.09.2015 - Gold price: Bears take charge again
On Wednesday, the gold price took a huge hit after economic news from the US gave fresh impetus for an interest rate hike when the Federal Reserve meets next week. In afternoon dealings on the Comex market in New York, gold futures for delivery in December lost $15.60 to $1,105.30 an ounce. Gold came close to crashing through the psychologically important $1,100 level falling 1.9% from yesterday's close during brisk lunchtime trade. Gold dropped to a five-year closing low of $1,084 little over a month ago. The US Labor Department’s job openings and labour turnover report released Wednesday showed an increase in unfilled position to 5.75 million, the highest level in at least 14 years...............................................Full Article: Source
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