Thursday 19 November 2015

Gold ends little changed, but trends lower after Fed minutes

Gold futures ended barely changed Wednesday, but were switching between gains and losses in electronic trading after minutes from the Federal Reserve’s October meeting.

December gold GCZ5, +0.70%  gained 10 cents to edge higher at $1,068.70 an ounce, after settling at $1,068.60 an ounce on Tuesday—the lowest level for a most-active contract since Feb. 8., 2010, according to FactSet data.

But the metal wavered in electronic trading, switching in and out of positive territory.

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