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Gold In Holding Pattern As Fed Likely To Approve Rate Hike

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 16, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold has posted slight gains on Wednesday, as the base metal trades at $1065.03 per ounce in the European session. In economic news, the Federal Reserve is expected to announce a historic rate hike for the first time since June 2006. The US will also release Building Permits, a key event.[​IMG]

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