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Gold sharply up after Fed announcement

Xinhua, April 29, 2016 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as traders digested the Fed's announcement from their Federal Open Market Committee meeting that ended after the market's close on Wednesday.

The most active gold contract for June delivery rose 16 U.S. dollars, or 1.28 percent, to settle at 1,266.40 dollars per ounce. Enditem