Gold Loses Some Luster as Fed Decision Looms – Wall Street Journal

HONG KONG—Gold’s run-up during a period of significant global market turbulence in August appears to have fizzled out, with investors refocusing on the chances of a U.S. interest-rate in coming months.

The yellow metal had been one of the few bright spots among commodities, which have been hit hard by concerns about the health of the Chinese economy. While prices of base metals such as copper and aluminum, as well as crude oil, have…