Gold down on stronger dollar

Posted By: Religare
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Gold futures closed lower in the international market on Tuesday as there was “risk-on” sentiment among investors that’s included a record-setting stock climb, higher oil prices and a stronger dollar.

The lower close for the yellow metal comes as the market braces for the Federal Reserve to raise interest rates for the first time in 12 months Wednesday.

Read more about: gold, dollar, market, interest rate, stock, oil
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