Gold little changed

Market news

30 December 2015

Gold little changed

Gold is currently at $1,069.60 (+0.15%) amid low trading volumes. This week trading is likely to remain thin. Gold is expected to be range-bound for the rest of the year tracking oil prices and the dollar.

Some analysts expect gold to trade lower and decline to $1,000 an ounce at the beginning of 2016 amid prospects of further rate hikes by the Federal Reserve.

Oil prices declined

Global Stocks: U.S. stock indices climbed

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