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Urgent: Gold gains as oil decline prompts U.S. equities' sell-off

Xinhua, January 21, 2016 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as U.S. equities plummeted on a sharp decline in oil prices.

The most active gold contract for February delivery gained 17.1 U.S. dollars, or 1.57 percent, to settle at 1,106.20 dollars per ounce. Endit