Commodities

Gold Futures Settle Notably Lower After Dollar Rises On GDP Data

Gold prices fell on Thursday as the dollar firmed after data showing an upward revision U.S. GDP growth triggered speculation the Fed will continue with its tight policy stance for a longer period of time.

U.S. economic activity unexpectedly jumped more than previously estimated in the third quarter, according to revised data released by the Commerce Department.

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by RTTNews Staff Writer

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