Gold futures prices fell Thursday after the Federal Reserve's decision to raise interest rates supported the U.S. dollar
Gold futures prices fell Thursday more than $6 an ounce in three sessions, after the Federal Reserve's decision to raise interest rates supported the U.S. dollar and weighed on investment demand for gold.
December gold closed at $396.60 an ounce, down $1.30 for the session, on the New York Mercantile Exchange. It's now lost $6.40 an ounce in three days. Silver futures for September closed up 3 cents at $6.557 an ounce.
September copper closed at $1.2675 per pound, down 0.5 cent. September palladium shed $1.64 to end at $211.75 per ounce, while October platinum rose $11.70 to close at $848.60 an ounce.