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Urgent: Gold rebounds on U.S. Fed showing patience

Xinhua, February 20, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rebounded Thursday as the U.S. Federal Reserve minutes indicated that the central bank would wait before raising interest rates.

The most active gold contract for April delivery rose 7.4 U.S. dollars, or 0.62 percent, to settle at 1,207.60 dollars per ounce. Endite