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Wednesday, November 18, 2015

Gold Prices the lowest since February 2010 Wednesday Nov 18,2015

Gold fell close to an earlier multi-year low on Wednesday Nov 18,2015, as the market awaited minutes of a recent Federal Reserve meeting which could reinforce prospects of a rate hike next month.

Declines were however capped by a lower dollar, coupled with risk aversion after a gunfight in Paris early in the morning.Spot gold was down 0.2 percent at $1,068 an ounce by 1504 GMT, after falling to $1,064.95 earlier, the lowest since February 2010. U.S. gold futures for December delivery were down $1.50 an ounce at $1,067.

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