Gold falls on aggressive rate hike expectations

CHICAGO, Sept. 14 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday on market expectations for aggressive rate hikes.

The most active gold contract for December delivery fell 8.3 U.S. dollars, or 0.48 percent, to close at 1,709.1 dollars per ounce.

Investors are still digesting the U.S. higher-than-expected inflation figure released Tuesday. Market analys