Thursday, July 10, 2014

Good News for Gold Investors

Gold were up to its highest since March on Thursday July 10th, while European shares were down due to weak economic data. The US dollar didn't move much after the minutes of the Federal Reserve's June meeting did not indicate that interest rate will rise.

Spot gold was up by 1.3% to its highest since March at $1,345.00 an ounce in earlier trade and was up 1.2% at $1,341.84 by 1018 GMT.

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