08.10.2015 - Gold Gains on Shifting Rate Views, Central-Bank Buying
Gold prices crept higher Wednesday, with investors continuing to bet that the U.S. Federal Reserve will delay raising interest rates as other central banks stocked up on the precious metal. Gold for December delivery, the most actively traded contract, closed up 0.2% at $1,148.70 a troy ounce on the Comex division of the New York Mercantile Exchange. A growing number of investors believe the Fed is unlikely to raise interest rates in coming months, amid weak growth abroad and an uneven U.S. recovery...............................................Full Article: Source
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