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Gold prices slip a bit ahead of Fed meeting this week


Tuesday, 10 December 2019 03:13 WIB

GOLD


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Gold futures settled at a slight loss on Monday, finding little reason to move in either direction ahead of a mid-week policy update from the Federal Reserve and a U.K. general election that could roil markets.

February gold on Comex lost 20 cents, or 0.01%, to settle at $1,464.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 4.6 cents, or 0.3%, at $16.642 an ounce, following a weekly decline of 3%, according to FactSet data.

Among other metals traded on Comex, March copper settled at $2.7585 a pound, up 1.2%.

January platinum inched down by 0.04% to $898.50 an ounce and March palladium rose 0.6% to $1,856.60 an ounce.

Source: Marketwatch


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