ZOID RESEARCH 31-OCT-2014 : GOLD

Spot gold prices declined by 1 percent on Thursday on strong third-quarter U.S. economic growth and worries the Federal Reserve might raise interest rates sooner than expected. Follow-through selling continued in the gold market a day after the U.S. central bank gave upbeat comments about U.S. economic growth and ended its year-long, bond-buying stimulus program.

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