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Gold weakened close to 1 month lows below $1,790 an ounce on Wednesday, after getting hit by hawkish remarks from the Federal Reserve chief. Fed chair Jerome Powell said on Tuesday the central bank will discuss speeding up its bond buying taper at the December meeting, citing a strong economy and expectations that factors pushing inflation upward will linger well into next year.
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of solid gold in an alloy based on a total of 24 parts. Thus, 14 karat gold indicates a composition of 14 parts of gold and 10 parts of other metals. Incidentally, 14K gold is commonly used in jewelry manufacture. 9 Recovering gold in a long sluicebox. Gold bearing gravels are shoveled into the upper end of the sluiceway; a series of ...