Wednesday 21 October 2015

Gold rises as euro reclaims ground ahead of ECB

Gold prices firmed on Tuesday as solid lending data helped the euro rebound against the dollar ahead of a European Central Bank meeting this week, which is expected to clarify the outlook for monetary policy. The metal remained rangebound, however, on uncertainty over the timing of the first rise in US interest rates in nearly a decade. A hike would weigh on gold....Read More

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