Gold Price Today: Gold Price Sitting Near 6-Year Low

Precious Metals

Reuters reported that gold prices had fallen to their lowest since February 2010 on continued worries over an interest rate hike from the US Federal Reserve in December.

Reuters reported that gold prices had fallen to their lowest since February 2010 on continued worries over an interest rate hike from the US Federal Reserve in December.
As quoted in the publication:

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.

Click here for the full Reuters article.

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