Gold futures turned lower Tuesday morning after big gains in previous two sessions.
Prices have jumped more than 5 percent his month, but a number Federal Reserve speakers insisted they want to raise interest rates by year’s end, a move that will strengthen the dollar.
Yesterday, Federal Reserve Bank of Atlanta President Dennis Lockhart said a better U.S. jobs market warrants tightening.
Fed Vice Chairman Stanley Fischer said almost the same thing Sunday.
Gold was down 10 dollars at $1155 an ounce.
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