Gold Futures Edges Up In Electronic Trading After FOMC Minutes

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures were trading a bit higher in electronic trading late Wednesday from their settlement level after the minutes from the U.S. Federal Reserve’s November meeting showed that officials from the central bank agreed that it might be appropriate to raise interest rates "relatively soon." December gold was last at $1,191.10 an ounce in electronic trading, up from the $1,189.30 settlement, which was the lowest since early February.

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