1. Text: | Print|

      Gold falls sharply on Fed rate outlook

      2014-12-16 13:14 Xinhua Web Editor: Qin Dexing
      1

      Gold futures on the COMEX division of the New York Mercantile Exchange fell sharply on Monday amid expectations that the U.S. Federal Reserve plans to move closer to raising interest rates.

      The most active gold contract for February delivery lost 14.8 U. S. dollars, or 1.21 percent, to settle at 1,207.7 dollars per ounce.

      The Fed will start its two-day meeting on Tuesday to discuss the pace of interest rate rise after holding its benchmark rate close to zero percent since 2008. A sooner-than-expected rate hike could boost the U.S. dollar and crimp metal price.

      Oil prices dropped to a five-year low under fresh selling pressure on Monday as the United Arab Emirates said OPEC will not reduce production in response to the slump.

      The gold price also went down with oil prices as gold taking its cue from the oil market more frequently.

      U.S. industrial production advanced 1.3 percent in November, after edging up 0.1 percent in October, the Fed said on Monday. Manufacturing output, the largest component of the overall industrial production, rose 1.1 percent in November, the largest gain since February. Monday's data shows a sign of an improving U. S. economy.

      Silver for March delivery lost 49.4 cents, or 2.9 percent, to close at 16.563 dollars per ounce. Platinum for January delivery lost 16.6 dollars, or 1.35 percent, to close at 1,214.9 dollars per ounce.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 免费国产黄网站在线观看 | 女人张腿给男人桶视频免费版 | 成人片黄网站色大片免费观看cn | 97人妻精品全国免费视频| 国产精品亚洲成在人线| 香蕉97碰碰视频免费| 亚洲AV无码专区日韩| 久久久久亚洲精品中文字幕| 日韩精品无码免费视频| 亚洲精品国产综合久久一线| 一区二区在线视频免费观看| 国产中文在线亚洲精品官网| a级毛片在线免费| 久久精品亚洲综合专区| 免费人成又黄又爽的视频在线电影| 国产免费131美女视频| 草久免费在线观看网站| 国产亚洲精品久久久久秋霞| 男女作爱在线播放免费网站| 亚洲精品视频观看| 我要看免费的毛片| 黄页免费视频播放在线播放| 亚洲色自偷自拍另类小说| 8x成人永久免费视频| 亚洲av成人综合网| 四虎永久精品免费观看| 一级毛片大全免费播放| 婷婷亚洲综合五月天小说| 天天综合亚洲色在线精品| 国产亚洲精品线观看动态图| 无码一区二区三区免费| 亚洲综合色一区二区三区| 亚洲第一区在线观看| 无码日韩精品一区二区三区免费| 亚洲1234区乱码| 亚洲成?v人片天堂网无码| 久久中文字幕免费视频| 456亚洲人成在线播放网站| 亚洲人成在线免费观看| 国产精品亚洲精品久久精品| 久久久久亚洲Av片无码v|