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Gold Extends Biggest Jump Since Brexit on Lowered Fed Rate Bets

Posted on 07 September 2016

Gold built on its biggest daily increase since June and traded near the highest in almost three weeks as the dollar weakened amid diminishing chances of a U.S. interest-rate rise in September.
Bullion for immediate delivery was 0.2 percent higher at $1,352.16 an ounce at 11:29 a.m. in Singapore, after surging 1.7 percent on Tuesday, the most since the results of the Brexit vote on June 24, according to Bloomberg generic pricing………………………………………..Full Article: Source


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