Gold Eases Below $1215 on U.S. Stocks

Gold ended modestly lower on Thursday on geopolitical concerns and as U.S. equities whipsawed.

Lingering worries that the U.S. Federal Reserve might raise interest rates sooner and more sharply than expected were pressuring gold after data showed the number of Americans filing new claims for unemployment benefits fell unexpectedly last week.

The S&P 500 index turned positive after dropping about 1 percent as energy shares dropped with oil prices and after a patient was diagnosed with Ebola in the United States.


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