Pandit Ji Gold News Updates – Reuters-Gold prices slipped while the dollar gained on Thursday:

Gold Prices Slip; Dollar Firms as FOMC Meeting Minutes Point to More Rate Hikes:

© Reuters.  Gold prices slipped while the dollar gained on Thursday
Gold prices slipped while the dollar gained on Thursday after the minutes from the latest Federal Open Market Committee meeting reinforced expectations of a tighter U.S monetary policy.

Gold futures for December delivery on the Comex division of the New York Mercantile Exchange slipped 0.08% at $1,226.4 a troy ounce by 1:19 AM ET (05:19 GMT).

“Gold is closely tracking both the U.S. dollar and equities, more so the dollar,” said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong.

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