Gold Futures Waver In Electronic Trading After Fed Minutes

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures wavered in electronic trading late Thursday from their settlement level after the minutes from the U.S. Federal Reserve’s September meeting showed that officials from the central bank said a "reasonable argument" could be made for either an interest-rate increase or holding rates steady in September. December gold was last at $1,254.80 an ounce in electronic trading, up from the $1,253.80 settlement. Prices, however, also traded below the settlement in the wake of the FOMC minutes.

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