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December gold rose 0.3 percent to finish at $1,349.30 an ounce on the Comex division of the New York Mercantile Exchange. West Texas Intermediate crude for December delivery lost 1.5 percent to finish at $96.77 a barrel.
Gold futures fell in electronic trading from their settlement on the Comex after policy makers at the Federal Reserve said they decided to keep the pace of the central bank s bond-buying stimulus program, as had been widely expected.
Earlier today, data showing a slowdown in U.S. private-sector job growth in October fueled expectations that the Fed wouldn t soon taper its stimulus program. The Fed statement enterprise car rental las vegas came shortly after metals trading on Comex closed.
The Federal Reserve voted 9-1 today to continue monthly asset purchases of $85 billion a month, pointing to an elevated unemployment rate and saying Washington s economic policies are still holding back growth. enterprise car rental las vegas The central bank s decision to stand pat was widely expected.
West Texas Intermediate crude for December delivery lost 1.5 percent to finish at $96.77 a barrel on the New York Mercantile Exchange. Tracking the most-active contracts, that was the lowest settlement since June 28, according to FactSet.
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