Gold fell to nine and a half low because the dollar in the economic data boosted
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Gold fell more than 2% Wednesday, to nine and a half months low, as the dollar continued to rise to the highest since 2003, optimistic economic data to further consolidate the possibility of raising interest rates next month.
The US Federal Reserve Board (FED / Fed) released November 1-2 meeting minutes, the gold price is still weak. Minutes of the meeting show that policymakers are confident that the US economy is strong enough to allow a rate hike.
Spot gold fell 1.9 percent to $ 1,188.82 an ounce, down 2.5 percent at $ 1,181.45, the lowest since Feb. 10. US gold futures fell 1.8 percent to $ 1,189.30.
Many American investors will leave on Thanksgiving holidays Thursday.
According to CME Group's FedWatch, traders think the probability of raising interest rates in December is 100%.
US durable goods orders rebounded, the initial jobless claims, although the number of 43-year low left, but still in the labor market to tighten the level.
The data lifted the dollar to a fresh 13-year high.
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