• Gold slipped from a one-month high

Market news

25 September 2015

Gold slipped from a one-month high

Gold declined to $1,146.80 (-0.61%) from a one-month high after Fed Chair Yellen said a rate hike before the end of 2015 is likely. Investors also took profits after yesterday's 2% jump.

SPDR Gold Trust holdings rose 3.87 tonnes to 680.27 tonnes on Thursday.

According to International Monetary Fund data, Russia and Kazakhstan raised their gold holdings for the sixth month in a row in August.

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