Gold drops on signals of waning demand

Note: This section contains information in English only.
Source: Bloomberg
Gold declined for a fifth consecutive session in New York as demand for gold as a safe-haven waned on speculation the Federal Reserve will prolong monetary stimulus. Gold for December settlement dropped 0.3% to $1,306.30 per ounce as of 8:04 a.m. on the Comex, reversing an earlier advance of 0.7%. The yellow metal for immediate settlement fell 0.4% to $1,306.68 per ounce in London.
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