Gold depreciates further on Fed comments

Note: This section contains information in English only.
Source: Bloomberg
Gold price for immediate delivery edged lower by 0.5% to 1,4456.65 an ounce in the morning of Singapore trading session on Thursday. The precious metal retreated 0.9% yesterday, what was the biggest fall since 15th of April, when the price lost 9.3% of its value. Investors reduced their bullion inventories on concern that Federal Reserve will cut its stimulus programme.

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