Friday, 28 August 2015

Gold down for 4th day as US data boosts stocks, dollar

Gold eased on Thursday, headed for its biggest weekly rout since March, as upbeat US growth and jobs data drove up stocks and the dollar, though uncertainty over the timing of a US rate rise held losses in check. Spot gold was down 0.2 per cent at US $1,122.86 an ounce at 1829 GMT (2:29 p.m. EST) after seeing its biggest down day in five weeks on Wednesday....Read More

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