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Gold 'getting hit from all directions' now

Monday, December 12, 2016 - 05:50

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The precious metal is ending 2016 on the ropes as investors price in the Fed's probable move this week. Market will also be looking for the trajectory for rates into 2017.

London

EVERYTHING'S against gold at the moment.

Gold futures closed at the lowest level since February as the Federal Reserve gears up to raise rates, while US equities at record levels lure money out of havens and fund holdings wither. Assets in bullion-backed exchange-traded

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