Gold Up On Feeble US Dollar

Posted By: Religare
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Gold futures closed higher in the international market on Monday with the U.S. dollar losing ground against the euro as the U.K. prepared to leave the European Union.

Gold Up On Feeble US Dollar
The Fed last week lifted benchmark interest rates by a quarter-point as was widely expected. But the central bank's statement and forecasts for future rate increases were seen as less aggressive than had been anticipated.

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