Gold falls to five-month low after Fed

Note: This section contains information in English only.
Source: Bloomberg
Gold declined below $1,200 an ounce to the lowest level in five months as the Fed scaled back its monetary stimulus, trimming demand for safe-haven assets. The yellow metal for February delivery slipped 2.4% to $1,205.20 an ounce at 7:59 a.m. in New York, after sliding 3% to $1,198 an ounce. Bullion prices sank into a bear market in April this year and are set for first annual retreat in 13 years.

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