Gold down on positive US data

19-08-2015 Wed 08:00 | Business | IANS

Chicago, Aug 19 (IANS) Gold futures on the COMEX division of the New York Mercantile Exchange fell as upbeat US data further buoyed speculation that the federal reserve is moving toward the rate hike. The most active gold contract for December delivery fell $1.5, or 0.13 percent, to settle at $1,116.90 per ounce on Tuesday, Xinhua reported.

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