
Equityworld Futures-Gold prices fell in late trading Wednesday morning (14/12), ahead of the two-day meeting of the US Federal Reserve is expected to decide the second interest rate increase in a decade.Fed meeting begins Tuesday, and the market has appreciated nearly 100 percent chance of a quarter percentage point hike. Higher interest rates generally depress demand for gold while strengthening US dollar.LLG Spot gold prices fell 0.5 percent to $ 1,155.91 an ounce after touching a 10-month low on Monday.US gold futures for February delivery ended at $ 1,159 per ounce.Investors will look for clues about how the central bank will face inflation...