18th Nov 2015 19:16
WASHINGTON (Alliance News) - Gold prices were flat Wednesday afternoon after the minutes of the most recent Federal Reserve meeting said officials are open to a December interest-rate hike.
Earlier in the day, Rob Kaplan, the new president of the Dallas Fed, in his first speech said it was time to end the zero interest rate policy.
Just before the minutes were released, December gold settled up 10 cents, or less than 0.1%, to settle at USD1,068.70/oz, holding near yesterday's 5-year low.
Prices have tumbled this month amid expectations that the Fed will soon tighten.
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