Gold Resumes Drop On Fed Rate Hike Prospects, Robust Dollar

Precious-Gold slipped for a second straight session on Monday, trading near a six-year low, on growing expectations the Federal Reserve would hike interest rates next month. It is crystal clear from the latest remarks from Fed officials that policymakers are preparing for their first rate increase since 2006. There is a 'strong case' for an interest rate hike in December, John Williams, president of the Fed Bank of San Francisco, said over the weekend.

from Energy and Metal Commentaries http://www.oilngold.com/analysis/commodity-markets-commentaries/gold-resumes-drop-on-fed-rate-hike-prospects-robust-dollar-2015112331809/