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Urgent: Gold up after Fed statement

Xinhua, June 19, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday after the U.S. Federal Reserve made a statement indicating patience on the timing of interest rate hikes.

The most active gold contract for August delivery gained 25.2 U. S. dollars, or 2.14 percent, to settle at 1,202 dollars per ounce. Endite