Gold Falls as Energy Costs Rise and Fed Uncertainty Persists
Gold declined in early Asian trade, with prices nearing $4,100. XS.com's Antonio Di Giacomo said rising energy costs and uncertainty around the Fed's coming decision were likely pressuring the metal.
Gold declines in early Asian trade. The precious metal is likely pressured by rising energy costs and uncertainty surrounding the Federal Reserve's coming decision, says XS.com's Antonio Di Giacomo in a commentary. The decline brings prices closer to $4,100, a key support level for the short-term o…