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Gold ends higher, rebounds from nearly 7-week low

Friday, 20 February 2015


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Gold futures settled higher on Thursday, rebounding from their lowest close in almost seven weeks on signs the Federal Reserve is in no hurry to hike interest rates.

Gold for April delivery GCJ5, +0.02%  tacked on $7.40, or 0.5%, to settle at $1,207.60 an ounce on Comex.

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