| Gold prices a bit higher on Thursday, ending the year down 10 per cent for its third straight annual decline. The metal also faces another potentially challenging year in 2016 amid the prospect of higher US interest rates and a robust dollar.
Largely influenced by US monetary policy and dollar flows, the price of gold fell 10 per cent in 2015 as some investors sold the precious metal to buy assets that pay a yield, such as equities. US gold futures for February delivery settled at $US1,060.2 per ounce on Thursday, slightly up from Wednesday and close to six-year lows of $US1,046 per ounce earlier in December...............................................Full Article: Source
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