Gold drops amid speculations on Fed rate hike in December

Source: Investing.com
Bullion prices tumbled sharply on Thursday following the news that the Federal Reserve expects a hike in interest rates at the end of 2015. Gold futures for delivery in December were down 1.22% to reach $1,161.80 per troy ounce, whereas silver eased 1.95% trading at $15.975 per troy ounce. Futures for Copper for delivery in December slipped 0.74% to trade at $2.348 per pound. 

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