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MCX Gold Tips: Yellow metal consolidates rally

Discussion in 'Stock Market News & Analysis' started by Anik singh, Feb 22, 2016.

  1. Anik singh

    Anik singh New Member

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    Gold futures advanced in the domestic on Friday as a drop in oil prices renewed a flight to safe haven avenues such as the yellow metal.
    Further, rising speculation that the US Federal Reserve may refrain from an interest rate hike when it meets next month for a policy decision also bolstered the lure for the bullion as a store of value.

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