Gold prices continue to slide on Friday, driven lower by the strengthening U.S. Dollar. This has put the market in a position to post its biggest weekly drop since the middle of August. The catalyst behind the weakness is the U.S. Federal Reserve. On Thursday, the Fed indicated in its monetary policy statement that it will continue to raise interest rates. This made the U.S. Dollar a more attractive investment while lower foreign demand for dollar-denominated gold. At 0959 GMT, December Comex Gold is trading $1221.00, down $4.10 or -0.33%. On Thursday, the Fed kept the Federal Funds rate unchanged, but maintained its ... (full story)