Gold dips below $1,400 but still set for monthly gain

by | September 2, 2013 10:09 am

Gold fell one percent below $1,400 an ounce on Friday on speculation a U.S. military strike on Syria was less likely and as strong U.S. data rekindled expectation of Federal Reserve’s stimulus tapering soon. Spot gold fell 1 percent to a session low of $1,392.14 an ounce. It was 0.9 percent lower at $1,394.40 an…

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