gold falls after fed report
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Gold falls after Fed report

Arab Today, arab today

Arab Today, arab today Gold falls after Fed report

New York - UPI

Gold futures fell Wednesday on the New York Mercantile Exchange after the release of Federal Reserve report showed little support for increased stimulus. August gold fell $12.30, or 0.8 percent, to $1,567.50 on the Comex division of the New York Mercantile Exchange. September silver dropped after the Fed report to $27.03 per troy ounce. The euro fell to a two-year low after the report and was $1.2236 late Wednesday from Tuesday's $1.2239. Against the yen, the dollar was 79.62 yen from 79.76 yen. The British pound was $1.5511 from $1.5503. The Intercontinental Exchange Dollar Index was slightly higher at 83.49.

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