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Gold is preparing for a toughest period after more than three years. The increasing expectations of interest rate hikes from the Fed has been moved the valuable commodity to the lowest level while supporting USD. After an eight-day decreasing series, gold is selling from the 1,252.50 USD level on the spot market. On Thursday, the gold decreased to  1,254.38 which was the lowest level from June. This week gold recorded the toughest weekly loss with 4,8% decrease since June 2013. Expectations that U.S. borrowing costs will rise have been effective in increasing loss of gold. The expectation of interest increase has reduced the attractiveness of intangible assets which have no interest payment.

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