New York gold prices fell 17


Xinhua news agency, Chicago (reporter Wang Ping) in August 17, the New York Mercantile Exchange gold futures market trading was the most active December gold price 17, compared with the previous trading day fell $8.1 to settle at $1348.8 an ounce, down 0.6%.

Market analysts believe that the day before the Federal Reserve announced the latest monetary policy summary minutes, traders generally expected the Fed will raise the possibility of interest rates, leading to a decline in the gold price. In fact, after the closing of the announcement of the monetary policy minutes of the meeting, the Fed officials in terms of interest rates are not consistent, the gold market in the electronic market bottomed out.

17 other precious metals, silver futures for September delivery fell 22.6 cents to $19.648 per ounce, a decrease of 1.14%; October delivery gold futures fell $9.4 to $1114.7 per ounce, a decrease of 0.84%.