Reuters (09/01)
- Gold prices fell for a second consecutive session on Wednesday,
weighed down by upbeat U.S. private-sector jobs data and minutes from
the Federal Reserve's December meeting that showed the central bank was
set to wind down its bond purchases at a steady pace.
|
Minutes
of the Fed's Dec. 17-18 policy meeting, released on Wednesday, showed
many members of the policy-setting Federal Open Market Committee wanted
to proceed with caution in trimming the asset purchases, and most wanted
to stress that further reductions were not on a preset course.
The
U.S. central bank's plans to trim its massive bond-buying program by
$10 billion to $75 billion per month and an improving U.S. economic
outlook will continue to pressure the metal, traders said.
Spot gold was down 0.4 percent at $1,226.76 an ounce by 3:12 p.m. EST (2012 GMT).
U.S.
Comex gold futures for February delivery settled down $4.10 an ounce at
$1,225.50, with trading volume about 5 percent below the 250-day
average, preliminary Reuters data showed.
Bullion
fell after the ADP National Employment Report showed U.S. private
employers added a bigger-than-expected 238,000 jobs in December, the
strongest increase in 13 months.
|
0 komentar :
Post a Comment