Gold Trades Lower As Fed's Rate Hike Looms

Precious-Gold traded lower where a rebound from 5-1/2- year low on Friday could not prevent the metal from recording its worst monthly drop since two years amid interest rate hike prospects from the Federal Reserve. The yellow metal hit a low of $1091.90 an ounce, while it currently trading at $1095.30, after opening at $1095.66.

from Energy and Metal Commentaries http://ift.tt/1N3M4vH