CAPITAL MARKETS

Gold drops 4% on Fed minutes

US dollar up, gold down; copper at fresh two-year high

Image: iStock/Nuthawut Somsuk

Image: iStock/Nuthawut Somsuk

The wishy-washy statement said the US economy would depend on the COVID-19 pandemic and offered no clarity on interest rates or stimulus. Gold futures had been trading at about US$2015 an ounce this...

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