# Gold is heading for losses for the fourth month of the worst wave since 2013



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London: Golden retreats, Tuesday, heading for the bear
Losses for the fourth consecutive month with the continued impact of the rising dollar and the increase
Interest rates, main speculators to maintain a record level of positions
City

The dollar has stabilized against a basket of currencies by rallying
For three months with the leadership of the Federal Reserve (US Central Bank)
Reaffirm the expectations of a gradual rise in rates at the end of a meeting ending tomorrow
Wednesday,

The US central bank has raised record interest rates twice this year and hints at two further increases by the end of the year.

At 10h37 GMT, the price
Spot gold is down 0.3% to $ 1218.2 ounce
Losses in the US gold market fell 0.4% to $ 1216.80 ounce

Money fell 0.4% on spot transactions.
At $ 15.42 an ounce, while platinum rose 0.5 percent to record 823.55
Dollars and palladium decreased by 0.4% to $ 925.20

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