Gold futures end with a more than 1% loss

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Gold futures settled with a loss on Thursday, easing back from a finish a day earlier at their highest in over two weeks. The better view on the economy from the Federal Reserve Wednesday has “reduced economic uncertainty” and led to some follow-through selling, analysts at Zaner Metals said. “Certainly, from a longer-term perspective seeing the Fed including lofty inflation targeting dialogue and reiterating it will not tap the brakes in the face of improved numbers until inflation is above their 2% targeting, creates the potential for a return of bull market action in gold and silver at some point in the future.” December gold lost $20.60, or nearly 1.1%, to settle at $1,949.90 an ounce.
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