Gold prices fell nearly 3 per cent on Thursday ahead of a Federal - TopicsExpress

Gold prices fell nearly 3 per cent on Thursday ahead of a Federal Reserve meeting next week at which the central bank is widely tipped to announce it is curbing its bullion-friendly monetary stimulus measures. The Fed is expected to say at a two-day gathering starting on September 17 that it is set to start reining in its $85 billion monthly bond-buying programme, possibly triggering new selling pressure on the metal.

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