European Central Bank Announcement Boosts Gold Futures

Precious Metals

Bloomberg reported that proposed measures to make lending easier caused gold futures to rise.

Bloomberg reported that proposed measures to make lending easier caused gold futures to rise.

As quoted in the market news:

Gold futures for February delivery rose 0.4 percent to $1,739 an ounce at 9:56 a.m. on the Comex in New York.

Click here to read the full Bloomberg report.

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