Gold holds losses from biggest dip in give months after Fed rate hike

Thu Dec 17, 2015 8:13pm EST
 
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SINGAPORE (Reuters) - Gold steadied on Friday but largely retained losses made a day earlier when the metal suffered its biggest slide in five months after the Federal Reserve hiked U.S. rates for the first time in nearly a decade.

(Reporting by A. Ananthalakshmi; Editing by Ed Davies)

 
A woman holds a one-kilogram gold bar at the headquarters of the Australian Bullion Company (ABC) in Sydney April 19, 2013. REUTERS/Daniel Munoz