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Urgent: Gold up on China liquidity boost

Xinhua, February 5, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as China boosted liquidity by lowering the requirements for banks' reserve ratios of cash.

The most active gold contract for April delivery rose 4.2 U.S. dollars, or 0.33 percent, to settle at 1,264.50 dollars per ounce. Endite