GOLD NEWS UPDATES BY COMMODITYPADIT.COM::

PANDIT JI NEWS FORECAST::

Gold prices dipped below the psychologically important $1,200 level on Thursday, finding little support after the Federal Reserve raised interest rates and indicated that it remains on track to continue monetary tightening into next year.

The Fed raised interest rates by a quarter point to 2.25% on Wednesday, its third rate hike this year and its eighth since 2015.

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