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.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News