Gold rises on rate hike conclusion expectation

CHICAGO, Nov. 21 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday on market expectations that the Federal Reserve may have concluded interest rate hikes.

The most active gold contract for December delivery rose 21.30 U.S. dollars, or 1.08 percent, to close at 2,001.60 dollars per ounce.

Shortly after the floor trading of gold closes, the Federal Open Marke