Gold Shakes Off Losses on Dovish Fed Tone – Wall Street Journal

DEVELOPING STORY

Gold Shakes Off Losses on Dovish Fed Tone

Gold Trades Up 0.1% at $1,149.40/oz

More to come

Earlier:

Gold prices fell on Thursday as some investors trimmed their gold holdings ahead of minutes from the Federal Reserve’s September policy meeting, scheduled for release later in the day.

The most actively traded contract, for December delivery, was recently down $4.50, or 0.4%, at $1,144.20 a troy ounce on the Comex division of the New York Mercantile Exchange.

Gold prices have marched higher in the weeks since Fed officials held off on raising r…