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PRECIOUS-Gold edges down as Fed's interest rate view strengthens dollar

© Reuters. PRECIOUS-Gold edges down as Fed's interest rate view strengthens dollar© Reuters. PRECIOUS-Gold edges down as Fed’s interest rate view strengthens dollar

BENGALURU, Nov 9 (Reuters) – Gold prices inched lower on Friday as the dollar firmed after the U.S. Federal Reserve kept interest rates steady with a fourth hike for this year expected next month.

FUNDAMENTALS

* XAU= was down 0.1 percent at $ 1,221.78 per ounce at 0124 GMT. Prices fell to their lowest in a week at $ 1,219…
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