| Gold falls as bets that the US Federal Reserve will raise interest rates in December for the first time since 2006 pushes pound below $1.50 mark. Gold is on course for its biggest monthly drop in more than two years after increased speculation that the US Federal Reserve will raise interest rates before the end of the year triggered a sell-off in the precious metal.
Spot gold prices fell by as much as $4 to $1,053.29 on Monday, close to Friday's six-year low of $1,052.46. While prices recovered in late trading, gold is still on track for a decline of 6.7pc this month, which would represent the biggest monthly fall since June 2013...............................................Full Article: Source
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