Gold extends losing streak to fourth day on worries over Fed taper talk


By Brijesh Patel (Reuters) - Gold prices fell on Wednesday for a fourth straight session, hurt by a stronger dollar as investors awaited the outcome of the U.S. Federal Reserve's latest meeting for clues on possible tapering of economic support measures. Spot gold was down 0.1% at $1,857.

55 per ounce, by 0320 GMT. U.S. gold futures were steady at $1,857.50. "Gold has been down for a few days and this reflects in the building anticipation that (the Fed's) tapering of QE might start faster than the market is currently.....

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