Gold marks highest finish since mid-September, retreats after Fed meeting minutes

MARKETWATCH | on Wed, Jan 3, 2:11 PM

Gold prices ended higher for a ninth consecutive session Wednesday[1], buoyed by recent weakness in the dollar and safe haven demand fed by protests in Iran. After futures prices settled, minutes from the Federal Reserve's December meeting showed a sharp divide over the central bank’[2]s own forecast of three interest-rate hikes this year. In electronic trading, February gold GCG8, -0.61%[3] was at $1,311.80 an ounce, after settling with a gain of $2.40, or 0.2%, at $1,318.50, the highest fin...

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