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Urgent: Gold up ahead of U.S. Fed statement

Xinhua, October 29, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose Wednesday ahead of a statement to be released by the U.S. Federal Reserve on the potential timing of a interest rate increase.

The most active gold contract for December delivery added 10.3 U.S. dollars, or 0.88 percent, to settle at 1,176.10 dollars per ounce. Endit