US Biz
CHICAGO, Aug. 14 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday as the U.S. dollar strengthened.
The most active gold contract for December delivery fell 2.60 U.S. dollars, or 0.13 percent, to close at 1,944.00 dollars per ounce.
The possibility of another interest rate hike from the Federal Reserve in September also kept weighing on gold prices, as investors waited for the release of the Federal Open Market Committee meeting minutes on Wednesday.
A strong U.S. dollar and the prospect of rate hike again in September are sending gold prices closer to 1,900 dollars, market analysts hold.
Silver for September delivery fell 3.50 cents, or 0.15 percent, to close at 22.708 dollars per ounce. Platinum for October delivery fell 7.80 dollars, or 0.85 percent, to close at 906.80 dollars per ounce.