Gold prices fall in Asia

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Source: Investing.com
Gold prices dropped in Asia, following Federal Reserve Chair Janet Yellen's speech yesterday. She underlined a very likely increase in interest rates by the end of this year, which, in turn, would give a boost to the Greenback. Gold futures for December delivery tumbled 0.4% to trade at $1,149 per troy ounce, whereas December future contracts for silver slid 0.35% to trade at $15.08 per troy ounce. As for copper prices, this metal declined 0.1% to trade at $230 per pound. 
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Fri, 25 Sep 2015 10:17:24 GMT

Euro extends losses amid Yellen's statement

The Euro weakened against the US Dollar after Janet Yellen's comment that the Federal Reserve may start its rate hike already this year. As a result, the European currency dropped to present lows of $1.1155 down from the prior $1.1230. During the previous week the policy-setting committee made up its mind to keep interest rates unchanged due to the latest market volatility

Wed, 23 Sep 2015 12:17:07 GMT

Gold dips as US Dollar strengthens

Gold prices slid 1%, while the Greenback recovered amid revived expectations regarding the Fed's interest rate hike for the first time over the last ten years. Gold futures tumbled 0.7% to $1,125.22 per ounce. The biggest fall amongst precious metals was made by platinum, which dropped 3.4% to $932.75 per ounce, after its lowest decline since January 2009 to $929.50.

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