Fed inflicts more damage on gold price

TIME：2015-11-05 11:52:03  

On Wednesday on the Comex market in New York, gold futures with December delivery dates fell for a sixth session in a row giving to trade at a seven-week low.



Exchanging hands for $1,107.00 an ounce in late afternoon trade, gold is down more than $75 an ounce or 6% from where it trading just before the Federal Reserve's interest rate announcement last week. Gold fell to a near five-year low of $1,085 in early August.

 

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