Wednesday, 17 February 2016

Gold dips for fourth day as equities consolidate

Gold extended losses to a fourth session on Wednesday as calm in the global stock markets curbed demand for the safe-haven asset that had rallied last week to its highest in a year. Spot gold had fallen 0.3 percent to $1,196.76 an ounce by 0048 GMT, after losing nearly 4 percent in the last three sessions....Read More

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