NY gold finishes down in choppy trade before Fed

Newswire

NEW YORK, June 30 (Reuters) - Gold futures in New York ended lower Thursday as traders lightened up on positions with the dollar firmer ahead of word from the U.S. Federal Reserve on interest rates this afternoon, dealers said. August delivery gold on the New York Mercantile Exchange closed down $1.50 at $437.10 an ounce after moving from $440.30 to $436.70. The market reversed from an earlier climb by the close, as players squared books amid speculation of an interest rate increase that ...

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