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Urgent: Gold up after Fed policy meeting

Xinhua, March 20, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose sharply on Thursday after the U.S. Federal Reserve took a cautious tone towards raising interest rates in its monthly meeting.

The most active gold contract for April delivery rose 17.7 U.S. dollars, or 1.54 percent, to settle at 1,169.00 dollars per ounce. Endite