Gold held a drop below $4,000 an ounce, as persistent inflation and hawkish remarks from Federal Reserve officials fueled expectations for an interest-rate hike next month.
by Carl Fox at CDN - Spot gold fell 1.1% to about $3,985 an ounce Wednesday, extending a two-day slide after October's hotter-than-expected inflation report cemented expectations that the Federal Reserve will raise rates next month.