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Gold bulls can't shake Fed woes as values plunge
Traders still betting on a rate increase by year's end
Add BT as a preferred sourcePublished Mon, Sep 14, 2015 · 09:50 PM
New York
GOLD bulls can't shake the spectre of higher US interest rates as Federal Reserve policymakers gather this week.
Prices are trading near a one-month low, investors are dumping holdings through exchange-traded products, and the metal's volatility is rebounding. A resilient US job market and dollar strength are adding to gold's woes, spurring money managers to cut their bets on a rally by more than a third.
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