Fed Fusillade Sends Gold to $100 Loss This Month as Dollar RisesBy and
Bullion dips below $1,200 as price falls for the ninth day
Key risk ‘whether they will hike twice,’ says UBS’s Gordon
Gold’s on the ropes. Bullion broke below $1,200 an ounce on Monday after losing about $100 in less than a month as Federal Reserve policy makers land punch after punch by talking up the prospects for a U.S. interest rate rise, reinvigorating the dollar.
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