Reuters - Gold falls as expectation for U.S. rate hike looms

December 13, 2016 6:00PM CST

"It's coming into critical support. If it holds right here, we can go higher," said Eli Tesfaye, senior market strategist for brokerage RJO Futures in Chicago.

"The inevitability of the rate hike is here so it's an accumulation of that," said Tesfaye about the reason for falling gold prices.

"No risk is coming into this market."

To see more of Eli's comments and to read the full article, click here.

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