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Urgent: Gold up on Fed patience

Xinhua, February 26, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as the U.S. central bank indicated patience on raising interest rates.

The most active gold contract for April delivery rose 4.2 U.S. dollars, or 0.35 percent, to settle at 1,201.50 dollars per ounce. Endite