COMEX gold ends down, Fed focus fans volatilty

Newswire

NEW YORK, June 20 (Reuters) - COMEX gold turned lower Friday, as it sought direction amid a week of volatile trading linked to the dollar's convulsions over the extent of an expected U.S. interest rate cut next week. The Federal Open Market Committee is scheduled to meet Tuesday and Wednesday, with policy makers, who have recently made it clear that the prospect of deflation--falling prices and contracting consumer demand--is more worrying than inflation. Gold has been whipsawed by the ...

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