Gold futures were lower Tuesday, moving close to recent 5-year lows amid expectations the Federal Reserve is soon going to raise interest rates.
Concerns about the global economy have kept gold from falling further this week.
US gold for February was down $7 at $1068 an ounce, as a stronger dollar has weighed on virtually all commodity prices.
?????????????????? ???????There is no major economic data on tap today. The Fed will hold its final rate setting meeting on December 15-16. Policy makers are expected to raise interest rates after keeping them at zero for years.
The material has been provided by InstaForex Company – www.instaforex.com