Gold Edges Down with Fed Uncertainty -Shanghai Metals Market

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Gold Edges Down with Fed Uncertainty

Industry News 09:57:09AM Jul 12, 2012 Source:SMM

CHICAGO, July 11 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange edged down Wednesday, as traders awaited the afternoon release of the Federal Reserve Bank' s June meeting minutes for hints of future quantitative easing.

The most active gold contract for August fell 4.1 U.S. dollars, or 0.26 percent, to settle at 1,575.7 dollars per ounce.

 

Key Words:  Gold futures 

Gold Edges Down with Fed Uncertainty

Industry News 09:57:09AM Jul 12, 2012 Source:SMM

CHICAGO, July 11 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange edged down Wednesday, as traders awaited the afternoon release of the Federal Reserve Bank' s June meeting minutes for hints of future quantitative easing.

The most active gold contract for August fell 4.1 U.S. dollars, or 0.26 percent, to settle at 1,575.7 dollars per ounce.

 

Key Words:  Gold futures