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Industrial Metals Rise as Chinese Equities Stabilize

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Precious Metals Down on Weak Global Outlook Gold rose on Friday, jumping for the third straight session on the back of ongoing concerns that the Federal Reserve might postpone the pace of potential interest rate hikes for the remainder of 2016. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in February settled at $1,230.80 a troy ounce by the end of Friday’s trade, gaining $4.50, or 0.37% compared to the Thursday’s close, as fresh slumps in stock markets

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