Gold declines amid Fed QE reduction concerns

Note: This section contains information in English only.
Source: Bloomberg
Gold futures lost for the third consecutive session as Chicago Fed President Evans implied that the U.S. central bank could scale back its monthly asset purchases in September since the labour market has improved. The yellow metal for December settlement fell 0.5% to $1,276.60 per ounce as of 7:22 a.m. on the Comex in New York.

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