Gold loses shine as rate hike bets foster a stronger dollar

By Anjana AnilGold prices fell more than 1% on Wednesday as hawkish Federal Reserve signals bolstered rate hike expectations and powered the US dollar to two-month highs, weighing on non-yielding bullion.Spot gold TVC:GOLD fell 1.1% to $4,304.89 per ounce, as of 9:05 a.m. ET (1305 GMT). US gold fut…