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Gold Rises As Fed Minutes Cite Caution Over Interest Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold soared on Thursday as the Federal Reserve minutes showed caution among policymakers regarding raising interest rates, thereby boosting the appeal of non-interest bullion. The precious metal hit a high of $1239.55 an ounce, while currently trading around $1236.48 from the opening at $1222.83. Fed minutes for March' policy meeting[​IMG]

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