Gold Slides as Rate-Hike Bets Outweigh Safe-Haven Demand
Gold prices moved lower Thursday as traders priced in roughly an 80% probability of a December rate hike, the report says.
WASHINGTON (dpa-AFX) - Adding to losses from yesterday's session, gold prices have moved lower on Thursday undermining the move by the U.S. Federal Reserve to hold the rates yesterday as traders are strongly pricing in on a roughly 80.00% probability of a rate hike in December.Front Month Comex Gol…