Photographer: Kerem Uzel/Bloomberg

Gold Falls to Lowest Since 2010 as Rising Dollar Curbs Demand

  • Probablility of Fed raising U.S. rates next month increases
  • Higher dollar cuts demand for gold as alternative asset

Gold fell to the lowest in five years as speculation that U.S. policy makers will raise interest rates next month helped boost the dollar, curbing the metal’s appeal as an alternative asset.

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